Yet the stock is still trading at a current price-to-earnings ratio (P. It’s up 93 year-to-date (YTD) and 152 in the past 12 months. On the date of publication, Bret Kenwell held a long position in PYPL and JNJ. CPG stock is also doing well with this rising energy demand. Oatly Group AB ( OTLY) Oatly is the world’s largest oat milk producer. Plus, it continues to hold the $60 level. Median price target: 93.00 (22.4 implied upside) NextEra Energy ( NEE, 75.97) is typically found on lists of the best green energy stocks to buy. CFRA has a strong buy rating and a 9.38 price target for KGC stock, which closed at 5.20 on Dec.
#8 BEST CHEAP STOCKS TO BUY NOW UNDER FREE#
Also, the company generated more than $1.1 billion in free cash flow and has more than $5.5 billion in cash on hand with a market cap of just $20 billion. While analysts expect modest to flat growth this year and next, shares trade at just 15 times earnings. I understand it will take some time for investors to warm up to this name. That said, this firm was profitable and free cash flow positive before the pandemic and it has remained so after the pandemic as well. Shares remain 88.5% below the all-time high after suffering a peak-to-trough fall of almost 90%. Many investors don’t want anything to do with Zoom Video and that’s not just an opinion of mine. The stock market has been barging its way higher so far this year. Probably considered the pandemic stock, Zoom Video (NYSE: ZM) is a controversial pick when looking for the best bargain stocks to buy. The dividend stocks on this list are among the index’s constituents, and they’re also cheap, trading well below our fair value estimates as of Feb 10, 2023. Zoom Video ( ZM ): Zoom has more than 5.5 billion in cash despite a market cap of only 20 billion. When the firm raised that dividend in April, it marked J&J’s 61st consecutive annual dividend increase. RICHARD THOMAS ( who has had 20 years ' experience as a Mining Agent in London ) offers his services in the purchase. Further, the stock pays a 3.3% dividend yield. Putting together a list of cheap stocks to buy now requires looking into some smaller, riskier, unloved, or undiscovered parts of the market. Not only does the firm run an excellent business that should do relatively well regardless of the economy, Johnson & Johnson stock trades at a reasonable valuation.įor less than 15 times earnings, investors get access to quality and dependable earnings, which are forecast to grow in the mid-single-digit range this year and next. The flip side of that argument is that buyers could pile into J&J as they look for safety, and that safety is apparent. That makes me think that there could be more downside in the name, particularly if big-tech falters and the overall market starts to dive lower. So far though, they’ve been slow to do so. Declines of this magnitude are usually gobbled up by investors.
But saying “down just 17%” is a pretty big deal for J&J.Īt the recent low, shares were down almost 20%. Shares are down just 17% from the all-time high. To see more such companies, go directly to 5 Dirt Cheap Stocks To Buy. Johnson & Johnson (NYSE: JNJ) could certainly have further to fall. In this article, we will take a look at the 10 dirt cheap stocks to buy.
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