There’s no set-in-stone definition of what makes a stock cheap. However, in this video, I discuss the five stocks that I believe in enough to own and that have the lowest price-to-earnings ratios.
*Stock prices used were the morning prices of Oct. 10, 2024. The video was published on Oct. 11, 2024.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
- Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $21,266!*
- Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,047!*
- Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $389,794!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
See 3 “Double Down” stocks »
*Stock Advisor returns as of October 14, 2024
Wells Fargo is an advertising partner of The Ascent, a Motley Fool company. Matt Frankel has positions in Dream Finders Homes, General Motors, JD.com, Markel Group, and Wells Fargo. The Motley Fool has positions in and recommends Dream Finders Homes, JD.com, and Markel Group. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.