A lot of great stocks are trading at attractive valuations now. Even some stocks that have enjoyed big rallies over the last year still have price-earnings ratios (P/E) that are below the average among stocks listed on the benchmark S&P 500 index. This is especially true of blue-chip stocks that have not gained as much as technology stocks.
So, investors can pick up some great stocks at not only attractive prices but also low valuations, making them bargains. In time, blue-chip stocks that have strong fundamentals behind them can be expected to rise and appreciate. The key is to spot the opportunity and take a position before it is too late.
Let’s explore three corporate giants now.
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