2 Stocks That Are Absurdly Cheap Right Now
The stock market is recovering quickly from the COVID-19 panic of the spring. The S&P 500 market barometer stands just 7% below its all-time highs and the tech-heavy Nasdaq index set another new record on Thursday.
But the rising tide didn't lift every boat. Many great stocks are trading far below their true value right now, making them fantastic value investments for the long haul.
I'm talking about all-American household names here. Beer brewer Molson Coors (NYSE: TAP) hasn't seen share prices this low in more than a decade. Protein foods giant Tyson Foods (NYSE: TSN) is back to the price levels of early 2016. These deep discounts on top-shelf stocks are just too good to ignore.
Source Fool.com