3 Stocks That Are Absurdly Cheap Right Now
The stock market has marched almost unceasingly higher since bottoming out in 2009, driving the S&P 500's price-to-earnings ratio well above its long-term average. Finding truly cheap stocks has become more difficult, but that doesn't mean there aren't good values waiting for investors willing to bet against the consensus.
We asked three of our Foolish investors to each suggest a stock that, for one reason or another, looks absurdly cheap in this expensive market. They came up with Target (NYSE: TGT), AbbVie (NYSE: ABBV), and Chipotle Mexican Grill (NYSE: CMG). Here's what you need to know.
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Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€47.57
-3.460%
With 75 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 47.57 € the target price of 2370 € shows a potential of 4882.66% for Chipotle Mexican Grill Inc. which would more than double the current price.
