3 Great Stocks Under $10
The stock market continues to trek higher, setting new highs on a regular basis. But not everyone is cheering. The S&P 500's cyclically adjusted P/E ratio, also known as the Shiller P/E ratio after Nobel Laureate Robert Shiller, is now at its highest mark ever, save for the run-up during the dot-com bubble. In other words, the stock market is relatively expensive right now, which makes it more difficult to find good value.
Even though stock price alone doesn't tell investors anything about whether an investment opportunity provides good value, there are a few stocks under $10 worth a closer look in this overpriced market. Here's why Brazilian oil giant Petrobras (NYSE: PBR), genetic-testing leader Invitae (NYSE: NVTA), and solar panel manufacturer SunPower (NASDAQ: SPWR) have a lot to offer long-term investors despite near-term challenges.
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Source: Fool.com
Petroleo Brasileiro ADR Stock
Petroleo Brasileiro ADR is currently one of the favorites of our community with 8 Buy predictions and no Sell predictions.
As a result the target price of 16 € shows a slightly positive potential of 15.94% compared to the current price of 13.8 € for Petroleo Brasileiro ADR.