3 Top Stocks You Can Buy on Sale
Finding the pockets of value in today's stock market is like finding a needle in a haystack. With the Shiller Cyclically Adjusted P/E ratio for the entire S&P 500 approaching 90s dot-com bubble territory, the chance of coming across a stock on sale is becoming rarer by the day. Every once in a while, though, the market forgets about a few stocks that have a lot of value in them, even in the most overvalued markets. Three companies that look to be selling for a decent discount today are Cooper Tire & Rubber (NYSE: CTB), HCP (NYSE: HCP), and Total SA (NYSE: TOT). Here's a look at why the market may be wrong about these stocks.
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Considering how much China has been the growth engine for the global economy over the past couple of decades, it seems appropriate that companies with a significant catalyst in China merit a premium valuation. Strangely, though, Cooper Tire & Rubber doesn't seem to get as much of a premium for its exposure to China. At just 4.2 times earnings before interest, taxes, depreciation, and amortization (EBITDA), it seems like the market is pricing in a pretty significant decline.
Source: Fool.com
Healthpeak Properties Inc. Stock
With 13 Buy predictions and not the single Sell prediction the community is currently very high on Healthpeak Properties Inc..
As a result the target price of 29 € shows a positive potential of 43.56% compared to the current price of 20.2 € for Healthpeak Properties Inc..
