5 Cheap Large Cap Stocks To Buy Now -

5 Cheap Large Cap Stocks To Buy Now

Nov 15, 2018Jeremy ParkinsonFinance, No picture0

Audio Length: 00:20:41

The stock market volatility of October has continued into November. But don’t let a pullback scare you out of stocks. Value investors rush in looking for deals.

But if the small caps are too volatile for you, what about the large caps?

They’ve outperformed the last few years and some have seen a big sell-off.

5 Cheap Large Cap Stocks to Buy Now

BP (BP – Free Report) is a large integrated oil company. An oil stock? Right now? It’s certainly cheap. It has a forward P/E of just 11.5 but earnings are expected to be up 89% in 2018 and another 9.4% in 2019. It also pays a really juicy dividend, yielding 6%.

Walgreens Boots (WBA – Free Report) is the global drugstore chain. It’s one of the few stocks on this list that is actually up over the last few months and is trading near its 52-week high. But it’s still got an attractive valuation with a forward P/E of 12.5.

Sony Corp. (SNE – Free Report) has transformed itself from a products company into a gaming and content company as its PlayStation heats up heading into the holidays. Shares are off their earlier highs and the stock is still cheap, with a forward P/E of just 11.4.

MetLife (MET – Free Report) is a financial services giant operating in 40 countries in insurance, annuities, employee benefits and asset management. Shares are down over 9% year-to-date. It’s dirt cheap with a forward P/E of 8.4. It even has an attractive PEG ratio of just 0.7. A PEG under 1.0 usually means a company has both growth and value, a rare combination.

PACCAR (PCAR – Free Report) makes trucks, truck engines and the aftermarket parts and services. In the third quarter it saw record truck production and record market share in Europe. But did Wall Street like it? No. Shares are down 20% year-to-date on worries of a global recession. Shares are cheap with a forward P/E of just 9.5 and a PEG ratio of 0.9.