3 Cheap Stocks to Buy Right Now
What do Warren Buffett, Peter Lynch, and Seth Klarman all have in common? Not only are they widely viewed as some of the greatest investors of the modern era, they are all notable value investors.
Value investing is an approach in which investors seek to buy stocks that they feel are underappreciated by the broader market. Sometimes these stocks are cheap because they are dealing with a temporary challenge that long-term investors believe will ameliorate. Value investors believe that these stocks will eventually increase in price when the rest of the market comes around to them.
This approach is sometimes compared to trying to buy a $100 bill for $80. The current market environment, in which the S&P 500 and Nasdaq are in bear territory and many stocks with high valuation multiples have fallen sharply, is a good reminder that value is always important. Here are three cheap value stocks that you can buy now, before the market comes around to them.
Source Fool.com
