These 3 Value Stocks Are Absurdly Cheap Right Now
Value stocks are, by definition, relatively inexpensive relative to their earnings and long-term growth potential. Typically compared to exciting growth stocks, these companies enjoy more stable and slower growth trends, but can create massive returns over time. Even by value stock standards, though, sometimes stocks work their way toward a shockingly low price. This sort of move earns investor attention because it makes already sweet deals on some massive companies look even sweeter.
Gilead Sciences (NASDAQ: GILD), ViacomCBS (NASDAQ: VIAC) (NASDAQ: VIAC.A), and MetLife (NYSE: MET) are three such value names whose prices have slipped too low to ignore. I believe their stocks have fallen because most investors fail to see the bigger picture for each company, rather than because of true worries over their future viability. Let's dig deeper into these three value stocks and ask whether investors should scoop them up during their lows.
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Source Fool.com