With the stock market hitting new record highs, finding cheap stocks for the long-run has been difficult. Barron's over the weekend identified 15 large-cap stocks that investors should look at for long-term investments.
Low Price-to-Earnings
Barron's identified 15 cheap stocks by looking for stocks within the S&P 500 trading with forward 2014 P/E ratios below 10. The market average is about 15 times earnings.
They also note that 11 of the 15 stocks pay dividends with yields greater than 2 percent while 2 of the other stocks could raise dividends in the near future to reach this key level.
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