Have $500? 2 Absurdly Cheap Stocks Long-Term Investors Should Buy Right Now
The stock market has been in rally mode this year. The S 500 has gained nearly 20%, while the tech-heavy Nasdaq 100 is up over 35%. Because of that, most stocks aren't as cheap as they were at the beginning of the year.
However, there are still a few bargains out there. (NYSE: VZ) and Kinder Morgan (NYSE: KMI) trade at absurdly cheap valuations these days. That's one of the many factors making them look like great long-term investments for those with around $500 to invest right now.
Verizon shares currently sit about 11% below their peak from earlier this year. That has the telecom giant trading at a cheap price. It trades less than 8 times its forward price-to-earnings (PE) and about 11.5 times its free cash flow (or an 8.7% free-cash-flow yield).
Source Fool.com
Verizon Communications Inc. Aktie
Klare Kaufstimmung für Verizon Communications Inc.: Viel mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 41 € für Verizon Communications Inc. impliziert eine leichte Steigerung gegenüber dem aktuellen Kurs von 38.07 €.
