3 No-Brainer Value Stocks to Buy With $1,000 Right Now

Thanks to the market's recent rally, many stocks have become uncomfortably expensive. Specifically, the S&P 500 is now priced at more than 22 times its past-12-month profits and more than 22 times its 12-month earnings projections. Both are unusually high compared to long-term norms.

Not every ticker has followed suit, however. A handful of stocks are still more than reasonably priced. And, given the backdrop of persistent inflation and a lethargic economy, it might be time to swap out some of your high-flying growth names for a few more value picks.

Here's a look at three of your best value stock prospects to consider jumping into sooner rather than later.

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Source Fool.com