3 Cheap Energy Stocks to Buy Right Now

Cheap stocks are hard to come by these days. Sure, there are lots of stocks well off their 52-week highs, but are they truly cheap or just cheaper than they were?

A cheap stock is one that has an opportunity to outperform the expectations Wall Street has set for it right now. But even after some recent declines, there aren't a lot of stocks with low expectations.

There are a few exceptions, though. Three stocks that look particularly cheap right now in the energy sector are oil and gas pipeline-company MPLX (NYSE: MPLX), offshore-rig owner Transocean (NYSE: RIG), and solar-power developer Canadian Solar (NASDAQ: CSIQ). Here's why these three look cheap and could exceed Wall Street expectations.

Source Fool.com