HELE is a cheap stock with a forward P/E of 4.13, expected to drive growth
From Yahoo Finance: 2025-04-19 15:41:00
Looking for cheap stocks to invest in? Helen of Troy Limited (HELE) is a leading global consumer products company with a forward P/E of 4.13. Recent acquisitions like Olive & June are expected to boost revenue and drive growth. With a one-year price target of $78.33, HELE is positioned for long-term success.
In a world of overpriced stocks, finding undervalued gems is key. Cheap stocks, trading below intrinsic value, have a history of outperforming growth stocks by 30 times. Through forward price-to-earnings ratios, investors can spot undervalued stocks that offer compelling investment opportunities.
Investing in cheap stocks has historically delivered higher returns than growth stocks. Research supports the value investing strategy, showing that undervalued stocks outperform the market. Companies removed from the S&P index have outperformed those added, emphasizing the potential of undervalued stocks for higher returns.
Looking for ridiculously cheap stocks to invest in? Check out the list compiled by Insider Monkey, focusing on stocks with a P/E ratio below 5. By imitating the top stock picks of hedge funds, investors can outperform the market. With a strategy that selects small-cap and large-cap stocks, returns have beaten the benchmark by 218 percentage points.
Read more: Is Helen of Troy Limited (HELE) the Ridiculously Cheap Stock to Invest in?