<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "[Editor’s note: This story was previously published January 2019. It has since been updated and republished to reflect changes in the stock prices.]"data-reactid =" 11 ">[Editor’s note: This story was previously published January 2019. It has since been updated and republished to reflect changes in the stock prices.]

The end of last year brought something new: a bear market. As a result, many investors were taken aback by the massive decline in stock prices, especially in the technology sector. However, when stocks fall, there is a positive benefit for cash-rich investors: cheap stocks.

Many of the best stocks are now trading at low prices. In addition, when companies with low-price stocks maintain or improve their growth rates, many investors often seek to buy their shares. At this beginning of the year, the following low-cost stocks have these characteristics and are therefore well-positioned to skyrocket in the months and years to come.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "InvestorPlace – Stock Market News, Stock Advice & amp; Trading Tips"data-reactid =" 14 "> InvestorPlace – Stock market news, stock tips and trading advice

3 reasons to buy shares of Bank of America Corp (BAC) right now!

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Source: Mike Mozart via Flickr"data-reactid =" 37 ">
Source: Mike Mozart via Flickr

Bank of America (BAC)

Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" More than ten years after the financial crisis, Bank of America (NYSE:LAC) is again on a list of cheap stocks. LAC has come a long way since it fell to $ 2.50 per share at the height of the crisis. Now it is trading at almost $ 29 a share. In addition, he resumed his annual increases in dividend in 2014. Today, it pays 60 cents per dividend share to its shareholders each year, a return of approximately 2.1%. "data-reactid =" 39 "> More than ten years after the financial crisis, Bank of America (NYSE:LAC) is again on a list of cheap stocks. LAC has come a long way since it fell to $ 2.50 per share at the height of the crisis. Now it is trading at almost $ 29 a share. In addition, it resumed its annual dividend increases in 2014. Today, it delivers 60 cents per share to its shareholders, a return of approximately 2.1%.

However, the estimated price / earnings ratio of around nine is what makes LAC one of the best stocks. The multiple is well below the five-year average of about 19 stocks.

In addition, firms with single-digit stocks rarely generate double-digit profit increases, but the BAC is in this category. Wall Street analysts expect on average a rise in profits of the bank of about 121% this year. In addition, according to the consensus estimate, LAC's average annual increase in profits over the next five years will be approximately 20.7%.

Shares fell in 2018 amid many headwinds. Among these obstacles are the decline in the results of its investment banking unit, the negative market environment and fears of a reversed yield curve.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "However, despite these headwinds, Warren Buffett continues to the purchase of LAC, indicating that the Oracle of Omaha considered it one of the best stocks in the market, and it can be assumed that LAC became its preferred bank. from BAC. Wells Fargo (NYSE:WFC), which was his favorite bank stock. Assuming the economy does not skid, investors can, like Buffett, take advantage of one of the best securities to buy in the market, the BAC title. "Data-reactid =" 43 "> However, despite these headwinds, Warren Buffett continues to buy LAC, indicating that the Oracle of Omaha considered it one of the best stocks in the market. BAC has become its preferred bank and is now in a stronger position than LAC. Wells Fargo (NYSE:WFC), which was his favorite bank stock. Assuming the economy does not spoil, investors, like Buffett, can take advantage of one of the best stocks in the market, LAC.

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Source: Shutterstock

CannTrust (CNTTF)

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Although it is not among the cheapest actions from & nbsp;S & amp; P 500, Canadian Cannabis Society CannTrust (OTCMKTS:CNTTF) is listed as a low-priced stock because it is cheaper than its competitors in the marijuana sector. Unlike most cannabis companies, CannTrust is already profitable and CNTTF shares have a forecast price / earnings ratio of around 57. In an environment in which an industry leader, & nbsp;Cover growth (NYSE:CGC), trades at 100 times his & nbsp;Sales, The CNTTF is a good deal and one of the best titles on the market. "Data-reactid =" 62 "> Although it is not one of the cheapest titles on the market. S & P 500, Canadian Cannabis Society CannTrust (OTCMKTS:CNTTF) is listed as a low-priced stock because it is cheaper than its competitors in the marijuana sector. Unlike most cannabis producing companies, CannTrust is already profitable and CNTTF shares have a forecast price / earnings ratio of around 57. In an environment in which a leader in the sector, Cover growth (NYSE:CGC), negotiates 100 times his Sales, The CNTTF is a good deal and one of the best stocks in the market.

Canadian marijuana stocks have been suffering from the phenomenon of "selling information" since the main product of these companies has become fully legal in their domestic market.

<p class = "canvas-canvas-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "However, CannTrust is about to benefit from many trends For one, he asked for an inscription on the list New York Stock Exchange. Membership in the Big Board is expected to open the CNTTF's shares to a new category of investors. Second, although cannabis remains on the Schedule 1 drug list in the United States, recent legislation legalizing hemp should give all Canadian marijuana companies a basis in the US market. "Data-reactid =" 64 "> However, CannTrust is on the cusp of taking advantage of many trends, including asking for registration of the New York Stock Exchange. Membership in the Big Board is expected to open the CNTTF's shares to a new category of investors. Second, although cannabis remains on the Schedule 1 list of drugs in the United States, recent legislation that legalized hemp should give all Canadian marijuana companies a base in the US market.

The story continues

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The concentration of the company on the pharmaceutical sector also provides the stock CannTrust sent its first delivery of cannabis oil to Denmark in the third quarter of 2018. It has also entered the Asia-Pacific market, thanks to a partnership with Australia. Cannatrek. Therefore, even if the company fails to penetrate the US market significantly, it can still benefit from expansion abroad. "Data-reactid =" 69 "> The company's focus on the pharmaceutical sector also provides the stock with another potential catalyst CannTrust sent its first shipment of cannabis oil to Denmark in the third quarter of 2018 He also entered the Asia-Pacific market through a partnership with Cannatrek. As a result, even if the company can not penetrate the US market significantly, it can still benefit from expansion abroad.

Moreover, even if CannTrust's valuation is lower than that of its main competitors, its growth should remain strong in the near future. Analysts expect on average that its profits will grow by nearly 155% this year, making the CNTTF a very inexpensive stock, despite a forecast price / earnings ratio of nearly 30. While CannTrust moves into other developed countries and perhaps the United States, a renewed interest in cannabis should allow its evaluation to catch up with that of its peers.

This is why the new CEO, Bob Swan, is perfect for Intel Stock

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Source: Shutterstock

Intel (INTC)

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Few actions of the era PC have suffered as much as & nbsp;Intel (NASDAQ:INTC) at. Formerly the largest chip maker in the world, Intel stagnated as consumers turned away from PCs more and more. Intel's PC era peers such as Microsoft (NASDAQ:MSFT) Nvidia (NASDAQ:NVDA), and even AMD (NASDAQ:AMD) built new business lines and resumed growth. However, INTC stocks continued to languish. The high turnover rate of management as well as security issues also weighed on the Intel stock. "Data-reactid =" 93 "> Few titles of the PC period have suffered as much Intel (NASDAQ:INTC) at. Formerly the largest chip maker in the world, Intel stagnated as consumers turned away from PCs more and more. Intel's PC era peers such as Microsoft (NASDAQ:MSFT) Nvidia (NASDAQ:NVDA), and even AMD (NASDAQ:AMD) built new business lines and resumed growth. However, INTC stocks continued to languish. Management's high turnover rate, as well as security issues, also weighed on Intel's stock.

However, INTC seems ready to become one of the best technology investors again. The company has invested heavily in data center technology. As a result, his group of data centers seems poised to outpace the size of his PC client group in the next few years.

With the acquisition of Mobileye by Intel, INTC has become a leader in the autonomous vehicle market. This, combined with the company's Internet products (IoT), should help the INTC stock to increase. And with the advent of 5G, which will make applications more advanced, Intel will benefit even more from these trends.

INTC is a cheap stock because of its multiple price / earnings. It is trading at a forward PE ratio of around 10.6, which shows investors have not fully appreciated Intel's return.

Due to a temporary overabundance of chips, Intel's earnings growth will be slow this year. However, its earnings should start growing again at a double-digit rate in 2020. As soon as investors begin to realize that Intel has returned to its leading role in the technology sector, making it one of the best stocks in the market, it should again command valuations comparable to those of investors. his peers in the big technology.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "At the time of writing these lines, Will Healy is a long CNTTF. You can follow Will on Twitter @HealyWriting."data-reactid =" 98 ">At the time of writing these lines, Will Healy is a long CNTTF. You can follow Will on Twitter @HealyWriting.

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