These 3 Value Stocks Are Absurdly Cheap Right Now
The stock sell-off in February and March related to the coronavirus pandemic had the side effect of creating numerous value stocks as investors fled the market. But the relatively short nature of the downturn meant the bargain hunters had to act quickly as many of those stocks regained their value.
Despite the ensuing stock run-up, many of these value stocks are still trading at affordable prices. These companies have relatively low valuations while also offering significant dividend payouts. This not only allows investors access to affordable stocks, but it can also bring in additional sources of portfolio revenue.
Three companies whose stocks currently reside in this investment sweet spot are Altria Group (NYSE: MO), Cisco (NASDAQ: CSCO), and CVS Health (NYSE: CVS). Let's take a closer look and see if they might be worth investing in.
Source Fool.com