In the world of investing, a cheap stock can mean different things. A stock that's cheap because the company is failing is obviously one to avoid. But being able to find quality businesses that are cheap relative to their actual value is the secret to outsize gains.
After the recent market sell-off, there are many companies in my portfolio that are much cheaper than they used to be. But Amazon (NASDAQ: AMZN) and Starbucks (NASDAQ: SBUX) stand out to me as cheap stocks that are currently a steal compared to their business performance.
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Source Fool.com