News Formal

Ford tops the list of the cheapest stocks in the market right now

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

CNBC PRO ran a screen looking for the cheapest stocks relative to the rest of the market and their historical valuations.

Here's the criteria: Cheap relative to the market: Forward P/E below 17.

Note that forward P/E is the price-earnings ratio based on earnings estimates for the next 12 months. The rest of the list includes pandemic darlings Netflix and Moderna , whose valuations have both come crashing back to earth as the U.S. tries to move on from Covid. Note that the list is not all beaten-up shares. A couple energy stocks make the list with an expected earnings surge this year due to high oil prices making those shares appear cheap. Exxon Mobil sports a forward P/E of just 10.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CNBC Pro Talks: Buffett disciple and veteran investor Mohnish Pabrai shares his latest market strategyJoin Pro talks as CNBC’s Tanvir Gill speaks to Mohnish Pabrai, value investor and managing partner of Pabrai Investment Funds, on his current market outlook. Wanna see some great work in 2022? You can check this out... It ain’t no strategy Use a metric fuck ton of other people’s money and permabull buy & hold until you spend all your alpha on adult diapers and dentures ChangeMyDiaperBitch
Source: CNBC - 🏆 12. / 72 Read more »