The stock market is full of expensive and cheap stocks, but the hard part is determining which are still worth buying at their current price tag. “Cheap” and “expensive” in this context do not refer to the price per share but rather to the company’s valuation. This is an important distinction, as sometimes stocks considered “cheap” could trade for hundreds of dollars per share.
The following three stocks look cheap but are fantastic companies. This trio has been sold off fairly hard over the past month, but investors should waste no time to consider scooping up shares.
This post originally appeared at The Motley Fool.