2 Value Stocks You Can Buy Right Now With Less Than $100
Interest rate hikes initiated on multiple occasions this year have yet to get inflation in the U.S. under control. This is evidenced by the fact that the inflation rate accelerated from 8.6% year over year in May to 9.1% in June.
This continued inflation growth is a big contributor to many investors shying away from growth stocks in 2022. The Nasdaq Composite which has more than its fair share of growth stocks has tumbled roughly 25% year to date. Those investors are instead focusing their available cash on value stocks, which have performed far better overall so far this year.
Let's take a closer look at two value stocks that have faired much better than the broader market so far this year. Yet, despite their strong performance, these two stocks remain affordable at less than $100 a share and cheap when accounting for their earnings capacity.
Source Fool.com
