These 3 Value Stocks Are Absurdly Cheap Right Now

The past few years have been difficult for value investors. Technological disruption, combined with low interest rates, have seen high-growth stocks bid up to very high -- some would say bubble-like -- valuations. Meanwhile, many companies with low or inconsistent growth actually trade at very low valuations. And the gap between the haves and have-nots has been widening for an unprecedented amount of time.

Yet over the long term, the stock market is a weighing machine, not a voting machine, with every company's value being equal to the present value of all its future cash flows. Given the vast underperformance of value stocks to date and the sky-high valuations of growth stocks, investors may want to give top-quality value stocks a chance as the economy recovers into 2021.

That's why, even as the overall market sits near all-time highs, Micron Technology (NASDAQ: MU), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Bank of America (NYSE: BAC) all look like rock-solid buys at bargain-level valuations today.

Source Fool.com