Have $500? 3 Absurdly Cheap Stocks Long-Term Investors Should Buy Right Now
Kroger, Kraft Heinz, and Lyft look undervalued relative to their growth potential.
It may seem like a tough time to buy stocks, as tariffs, trade wars, military conflicts, and other macro headwinds rattle the markets. But during these uncertain times, we should always recall Warren Buffett's timeless advice of being "greedy only when others are fearful."
Instead of chasing the market's highest-growth stocks, investors should focus on the less exciting value plays that are trading at absurdly low valuations. Three of those underappreciated stocks -- Kroger (NYSE: KR), Kraft Heinz (NASDAQ: KHC), and Lyft (NASDAQ: LYFT) -- might just be great plays for long-term investors who can tune out all the near-term noise. So, even if you have only $500 to invest, these stocks might be great places to park your cash.
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