SIRI - These 3 Nasdaq-100 Stocks Are Trading at Dirt Cheap Multiples
2024-06-07 07:30:00 ET
The Nasdaq is home to some of the top growth stocks in the world. And the Nasdaq-100 index focuses on an even more exclusive group of stocks -- the top non-financial stocks on the exchange. You might assume there aren't many stocks trading at low valuations, considering that the stock market is soaring to record levels, but that isn't the case.
Three stocks that trade at incredibly low earnings multiples include Comcast (NASDAQ: CMCSA) , Kraft Heinz (NASDAQ: KHC) , and Sirius XM Holdings (NASDAQ: SIRI) . Below, I'll take a closer look at why these stocks are trading at considerable discounts and whether they could be bargain buys right now.
Shares of telecom and media company Comcast are down around 10% this year. While its business is doing well, the company isn't exactly blowing the doors off with revenue growth.
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These 3 Nasdaq-100 Stocks Are Trading at Dirt Cheap Multiples