2 Top Value Stocks to Buy Right Now
Value stocks are generally shares in companies that trade at low valuations compared to their earnings and growth potential. With the S&P 500 trading at an eyewatering average price-to-earnings (P/E) ratio of 37, these stocks can be an ideal alternative for investors who want more bang for their buck.
Let's explore the reasons why Altria (NYSE: MO) and Dollar General (NYSE: DG) are two top value stocks to consider buying right now.
With a P/E multiple of just 10 based on adjusted earnings per share (EPS) of $4.38, Altria is one of the more modestly valued large-cap stocks in the market. Shares in the tobacco giant took a hit after its failing investment in vaping start-up JUUL Labs, which is being hit with a regulatory backlash over its marketing strategy and potential health risks. But Altria is still a good option for value-oriented investors because of its consistent earnings growth and massive dividend.
Source Fool.com
