Everyone loves a great bargain, and the same logic also applies when it comes to investments.
The idea of paying sixty cents for something worth a dollar is inherently appealing.
When stocks are trading at cheap valuations, you can obtain a greater margin of safety and enjoy higher rates of potential return over the long-term.
However, it is fair to say that not every cheap stock represents a bargain.
You need to carefully assess the strength of the underlying business and evaluate the competitive edge a company has before making an investment decision.
That’s because stocks are typically cheap for a good reason.
The risk of falling into a value trap is all too real.
That said, here are three cheap stocks that you may find interesting, and that you may want to add to your investment watchlist.
