Several stocks, including an e-commerce play and a major snack maker, appear cheap after the broader market's recent volatility. Investors could take advantage of the opportunity for long-term gains. All three major U.S. indexes have seen a rebound and are trading above their Aug. 2 closing level, which was the session before the global market-sell off picked up steam. But many stocks are still way down from their highs and are now sporting more attractive valuations.
searched for S & P 500 stocks that are "cheap" relative to the broader market and that meet the following criteria. Data used was from FactSet. Forward valuation less than S & P 500's overall forward price-to-earnings ratio of 22.
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