S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
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The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
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Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
The 3-Stock Retirement Blueprint (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
The 3-Stock Retirement Blueprint (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
The 3-Stock Retirement Blueprint (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony

7 Cheap Large-Cap Stocks to Buy Before They Go Back Up

 
7 Cheap Large-Cap Stocks to Buy Before They Go Back Up

This article presents seven large-cap stocks that are regarded as cheap based on their price-to-earnings ratio. The price-to-earnings ratio tells an investor how much they are paying per share for every dollar of a company's profit.

You can find a stock's P/E ratio by dividing its stock price by its earnings per share. That looks like this:

P/E Ratio = Stock Price/Earnings per share (EPS)

For example, if a company is reporting earnings of $3 per share and their stock is selling for $30 per share, the P/E ratio is 10 ($30 per share/$3 per share). Many investors will look at a benchmark index like the S&P 500 as their guide for defining if a company's P/E ratio makes a stock cheap or expensive. At the time of this writing, the average P/E ratio for stocks in the S&P 500 was   14x to 17x. That is the range we're using for determining if a stock is cheap.

Of course, what is considered a “good" P/E ratio may depend on the market sector. For example, technology stocks tend to have a higher P/E ratio than the S&P average because they are projected to have stronger earnings and stock price growth than the broader market.

Click the "Continue to Slide #1" button to view the first company.