3 Bargain Stocks You Can Buy Right Now
The coronavirus pandemic has disrupted many businesses over the past year. And if you are looking at stocks that trade at low earnings multiples based on last year's performance, you could be overlooking potential bargains. That's because a business that is coming off a rough 2020 may have an inflated price-to-earnings (P/E) ratio, and look like a bad buy.
One way to get around this is to focus on forward P/E multiples that take into account analyst projections for the coming year. And three stocks that look cheap relative to their future earnings are CVS Health (NYSE: CVS), Citigroup (NYSE: C), and Rogers Communications (NYSE: RCI).
Image source: Getty Images.
Source Fool.com
