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These stocks are looking mighty cheap going into earnings season

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As the next earnings cycle approaches, here are some cheap stocks liked by analysts.

The third-quarter earnings season is set to kick off this week – with certain stocks trading at attractive valuations. Delta Air Lines, Infosys and Domino's Pizza are some of the big names scheduled to report earnings on Thursday. Friday kicks off earnings for the financial sector, with JPMorgan Chase, Citigroup, Blackrock, PNC Financial Services and Wells Fargo all slated to post their results.

Major U.S. airlines Delta and United Airlines both made the list. The two airlines are trading at the largest discounts on the list of 87.7% and 89.8% for Delta and United, respectively. Delta earnings are up a whopping 370.7% over the past 12 months. Analysts on average also expect shares to rally 57% going forward. The stock is up more than 9% this year, but is lagging behind the S & P 500's year-to-date gains.

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