3 Stocks That Are Absurdly Cheap Right Now
The stock market has marched almost unceasingly higher since bottoming out in 2009, driving the S&P 500's price-to-earnings ratio well above its long-term average. Finding truly cheap stocks has become more difficult, but that doesn't mean there aren't good values waiting for investors willing to bet against the consensus.
We asked three of our Foolish investors to each suggest a stock that, for one reason or another, looks absurdly cheap in this expensive market. They came up with Target (NYSE: TGT), AbbVie (NYSE: ABBV), and Chipotle Mexican Grill (NYSE: CMG). Here's what you need to know.
Image source: Getty Images.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€2,941.5
0.270%
The stock is one of the favorites of our community with 57 Buy predictions and 1 Sell predictions.
With a target price of 3082 € there is a slightly positive potential of 4.78% for Chipotle Mexican Grill Inc. compared to the current price of 2941.5 €.
