Believe it or not, there are still value stocks to be found in a market that seems to reach new all-time highs nearly every day. Finding those much-desired companies that combine a low valuation with reasonable growth prospects is tricky -- and even more so if you're also looking for those that are solid enough to put in a conservative retiree's portfolio. But it can be done.
To help you in your search for those rare equities, we asked three of our Foolish investors to pick one that they felt fit the bill as a value stock well suited for retirees, and to explain their investing thesis. They came up with Gilead Sciences (NASDAQ: GILD), General Motors (NYSE: GM), and American Outdoor Brands (NASDAQ: AOBC).
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Source: Fool.com