When it comes to investing in stocks, it's important to understand what you're buying and why. That way, you can make informed decisions about which stocks to buy and when. With that in mind, here are 11 of the most profitable cheap stocks to buy now.
The Walt Disney Company (NYSE: DIS) is a popular choice for investors looking for a solid, cheap stock. With a forward price-to-earnings ratio of just 11.5 and a dividend yield of 1.41%, Disney stock looks attractive for long-term investors. The company is also well positioned to benefit from the ongoing streaming wars.
BlackRock, Inc. (NYSE: BLK) is one of the world's largest asset managers, with a market capitalization of nearly $70 billion. With a forward price-to-earnings ratio of just 16.2 and a dividend yield of 2.3%, BlackRock looks like a great buy for investors looking for a solid, low-risk stock.
NIKE, Inc. (NYSE: NKE) is one of the world's leading athletic apparel companies and is a popular stock for investors looking for growth. The stock has a forward price-to-earnings ratio of just 28 and a dividend yield of 0.75%, making it an attractive option for growth-oriented investors.
Alphabet (NASDAQ: GOOGL) may be the cheapest of large-cap tech stocks. With a forward price-to-earnings ratio of just 24 and a dividend yield of 1.2%, the stock looks attractive for investors looking for a tech stock with strong growth prospects.
Super Micro Computer (NASDAQ: SMCI) has more than doubled over the past year, yet still looks cheap. With a forward price-to-earnings ratio of just 15 and a dividend yield of 0.87%, the stock looks attractive for growth-oriented investors.
Nutrien Ltd. (NYSE: NTR) is one of the world's largest fertilizer producers and has performed well in recent years. With a 2.43% dividend yield and estimate-beating performance, Nutrien stock is certainly one of the best stocks to buy now. Especially if it continues to deliver strong results.
Rolls-Royce Holdings (LSE: RR.) is a London-based engineering and power systems company. With a forward price-to-earnings ratio of just 9.5, Rolls-Royce looks like an attractive buy for investors looking for a solid, low-risk stock.
Bank of America (NYSE: BAC) is a large U.S. bank with a market capitalization of over $220 billion. Here's the clincher: The stock's current dividend yield of just under 4% is the best yield among all the major names in the banking business.
Tesla (NASDAQ: TSLA) is a popular stock for investors looking for growth. The stock has a forward price-to-earnings ratio of just 8.3 and a dividend yield of 0.30%.
General Motors (NYSE: GM) is a global auto manufacturer with a market capitalization of over $50 billion. The stock has a forward price-to-earnings ratio of just 4.4 and a dividend yield of 4.4%.
Finally, This video will help investors decide which one of these three EV stocks is the best one to buy right now. *Stock prices used were the closing values of June 1, 2021.
