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.
Source: Fool.com
Cisco Systems Inc. Stock
We see a rather positive sentiment for Cisco Systems Inc. with 12 Buy predictions and 1 Sell predictions.
With a target price of 53 € there is a slightly positive potential of 15.95% for Cisco Systems Inc. compared to the current price of 45.71 €.