3 Stocks That Are Absurdly Cheap Right Now
The stock market has had a phenomenal year overall, but a lot of the market has been left behind. Gains have been concentrated among a few large stocks, while profitable slower-growth companies are all but forgotten.
I think the absurdly cheap values on the market today include Verizon Communications (NYSE: VZ), PayPal Holdings (NASDAQ: PYPL), and Deere Company (NYSE: DE). Let's review.
Shares of Verizon have been cheap for years, and for good reason. The company spends a lot of money on building out telecommunications infrastructure only to need to reinvest in the next generation a few years later.
Source Fool.com
Verizon Communications Inc. Stock
The stock is one of the favorites of our community with 22 Buy predictions and 1 Sell predictions.
With a target price of 40 € there is a slightly positive potential of 7.95% for Verizon Communications Inc. compared to the current price of 37.06 €.