9 Most Undervaued Blue Chip Stocks to Buy

By Lars M.

Blue chip stocks provide stability, dividends, and less volatility than tech stocks. If undervalued, they're great investments. So, here are 9 most undervalued blue chip stocks.

01.

Pfizer

NYSE : PFE

The stock is underpriced even after the success of its Covid-19 vaccine.

STOCK PRICE : $43.94

P/E RATIO : 9.36

02.

Conagra Brands

NYSE : CAG

The stock is around 30% down due to fall in sales and earnings.

STOCK PRICE : $38.92

P/E RATIO : 21.64

03.

Chevron Corporation 

NYSE : CVX

Low PE Ratio makes the stock attractive.

STOCK PRICE : $181.12

P/E RATIO : 10.13

04.

Novartis AG

NYSE : NVS

Trading at around 12 times earnings, Novartis stock appears to be a bargain compared to other Big Pharma Companies.

STOCK PRICE : $95.77

P/E RATIO : 8.63

05.

Target

NYSE : TGT

Attractive due to its low P/E ratio and strong dividend.

STOCK PRICE : $158.79

P/E RATIO : 22.76

06.

3M

NYSE : MMM

The stock fell 23% due to ongoing lawsuits and litigations. But, the company is still strong financially.

STOCK PRICE : $132.77

P/E RATIO : 10.68

07.

JP MOrgan

NYSE : JPM

Shares are 16% down despite rising interest rates.

STOCK PRICE : $153.54

P/E RATIO : 9.16

08.

Verizon

NYSE : VZ

The company stock has not recovered even after resolving lead shielding issue.

STOCK PRICE : $37.41

P/E RATIO : 7.53

09.

AMD

NASDAQ : AMD

The semiconductor company's share price has halved.

STOCK PRICE : $122.31

P/E RATIO : 1111.91