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Have $500? 3 Absurdly Cheap Stocks Long-Term Investors Should Buy Right Now.

The article from MSN Money discusses three stocks that are considered undervalued and good picks for long-term investment, each priced under $500 as of the article's publication. Coca-Cola (KO) is highlighted for its strong brand, consistent dividend increases for 61 consecutive years, and a current yield of 3.1%. Despite a slight dip in stock price, its global presence and pricing power make it an attractive option. Verizon Communications (VZ) is noted for its high dividend yield of 6.7%, despite concerns about its debt and competition in the telecom sector. The company's focus on expanding its 5G network and potential for growth in broadband services could drive future value. Lastly, Pfizer (PFE) is recommended due to its robust pipeline of new drugs, despite recent revenue drops from expiring patents and reduced demand for its COVID-19 products. With a forward P/E ratio of 12 and a dividend yield of 6%, Pfizer is seen as a bargain, especially with its strategic moves towards acquisitions and new product development.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/have-500-3-absurdly-cheap-stocks-long-term-investors-should-buy-right-now/ar-AA1z8Wfz ]