7 S&P 500 Stocks With Low P/E Ratios

Stocks continue to get more expensive despite the trade war headwinds investors face in the weeks ahead. S&P 500 stocks currently trade at 24 times trailing earnings and 17 times forward earnings making the selection of new additions to a portfolio that much more difficult.

With earnings season upon us, investors naturally will be looking to see which companies are easily beating earnings estimates before laying down their bets.

However, if July 9 trading is any indication — the Dow Jones Industrial Average and S&P 500 were up 1.3% and 0.9% respectively — now is the perfect time to get in on S&P 500 stocks.

“We’re on the eve of what’s going to be a dynamite earnings season,” Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama, said on July 9, according to Reuters. “The angst going into last Friday [July 6] was pretty significant, and now, with the realization that we’re here and the world hasn’t come to an end … the money is falling in.”

So, which should you be buying?

Well, if you like S&P 500 stocks with low P/E ratios, try these seven on for size. 

S&P 500 Stocks With Low P/E Ratios: Newell Brands (NWL)

If you bought Newell Brands (NYSE:NWL) at this time last year, I feel your pain, given it is down 48% since then.

Not only did Newell do a terrible job integrating its multi-billion-dollar acquisition of Jarden Brands in 2016, it then went on to have a major row with activist investors including Starboard Value and Carl Icahn, who owns 7% of its stock.

Fortunately, Icahn and Starboard came to an amicable solution with the company that will see it implement a plan to deliver more value for shareholders.

It’s selling some of its least attractive assets, which

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