Have $500 to Invest? 3 Absurdly Cheap Stocks Long-Term Investors Should Buy Right Now
With the market pulling back, it's time to go bargain-hunting and find some cheap stocks. It's a good reminder that markets will go up and down, but stocks tend to outperform over the long run.Let's look at three cheap stocks investors can start to dip their toes in and buy now with a small investment. I own all three.While Alibaba (NYSE: BABA) hasn't been suffering in this market sell-off, the Chinese e-commerce and cloud computing giant is still one of the cheapest stocks around. The stock trades at a forward price-to-earnings (P/E) ratio of less than 15 times 2025 analyst estimates, while it also has a boatload of cash and investments on its balance sheet as well.Continue reading
With the market pulling back, it's time to go bargain-hunting and find some cheap stocks. It's a good reminder that markets will go up and down, but stocks tend to outperform over the long run.
Let's look at three cheap stocks investors can start to dip their toes in and buy now with a small investment. I own all three.
While Alibaba (NYSE: BABA) hasn't been suffering in this market sell-off, the Chinese e-commerce and cloud computing giant is still one of the cheapest stocks around. The stock trades at a forward price-to-earnings (P/E) ratio of less than 15 times 2025 analyst estimates, while it also has a boatload of cash and investments on its balance sheet as well.
