2 Rock-Solid Cheap Stocks With a P/E Under 19

Investors in search of value may be surprised to learn a couple of big names still represent outstanding bargains along with solid income. The two rock-solid cheap stocks trading at nearly half their peer group average are tech titans Cisco Systems (NASDAQ: CSCO) and Intel (NASDAQ: INTC).

Both industry stalwarts are knee-deep in significant transformations. As so often happens, many investors run out of patience and shun the likes of Cisco and Intel: That's the bad news for shareholders. The good news for those with some patience and a long-term perspective is that Cisco and Intel offer outstanding value.

Image source: Cisco.

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Source: Fool.com