3 Value Stocks to Dive Into
While growth is certainly a component of value, smart investors know that heed must be taken to the price paid for any stock. A business may thrive, but if the price one pays for that business is too high, it won't matter one bit. And while we're nearly eight years into a secular bull market, there is still value to be had for Foolish investors willing to do some digging. Below are the key details on Crescent Point Energy (NASDAQ: COHR), Oceaneering (NYSE: OII), and Coherent (NYSE: CPG), three value stocks worth diving headfirst into.
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Sean O'Reilly (Crescent Point Energy): Value stocks are hard to come by these days. Fortunately, almost a decade into a secular bull market, there is at least one sector that has been left out in the cold: energy. Since 2014, the world has had more crude oil than necessary, which has had a predictable effect on oil prices. That dynamic appears to be changing. This potential shift, coupled with rock-bottom valuations, is why I believe the oil sector is the place to be for value investors.
Source: Fool.com
