2 Dirt-Cheap Value Stocks to Buy Right Now
The S&P 500 trades at an average price-to-earnings (P/E) ratio of almost 40, making this an expensive market for value-conscious investors. But the good news is that some companies still buck the trend. Let's explore the reasons why MGM Resorts (NYSE: MGM) and Altria (NYSE: MO) could make slam-dunk investments because of their dirt-cheap valuations and exciting new growth drivers.
North America's online gambling marketplace is heating up, and MGM Resorts is a great way to bet on this trend. So far, the casino operator's pivot to sports betting is going as planned, and its relatively low valuation helps set it apart from high-flying competitors in the industry.
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Source Fool.com