Investors usually find more cheap stocks during bear markets. Prices drop, sometimes falling too far, making some stocks a deal.
Verizon is undervalued based on a P/E ratio of about 8.6X, making it one of the best cheap stocks to buy now.
Whirlpool is ridiculously cheap at a P/E ratio of around 7.4X, much lower than the 5-year and 10-year averages.
The stock is cheap based on its P/E ratio trading below its 5-year and 10-year ranges. With Alphabet, investors can buy an innovative company and market leader.
Ally is absurdly inexpensive and one of the best cheap stocks to buy now based on a P/E ratio of about 4.8X.
Gilead’s P/E ratio is a low 9.8X, a value at the lower end of its 10-year range. Additionally, the dividend yield is excellent at 4.4%.
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