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4 Cheap Stocks to Buy Now

Source The Motley Fool

Investing for the long term is a great approach, but the most upside is captured when you can buy high-quality stocks at great valuations. In today's video, I will look at four stocks that have solid upside and appear cheap from a valuation standpoint. One of those stocks includes Amazon (NASDAQ: AMZN), which is one of my favorite stocks to buy right now.

Watch this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below.

*Stock prices used were end-of-day prices of Oct. 5, 2024. The video was published on Oct. 4, 2024.

Should you invest $1,000 in Amazon right now?

Before you buy stock in Amazon, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Amazon wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $782,682!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of October 7, 2024

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Mark Roussin, CPA has positions in Amazon and Visa. The Motley Fool has positions in and recommends Adobe, Amazon, PayPal, and Visa. The Motley Fool recommends the following options: short December 2024 $70 calls on PayPal. The Motley Fool has a disclosure policy.

Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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