"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." -- Warren Buffett
Can't argue with that, can you? ( Sorry, Jim.) Despite the recent rally, high-quality companies at great prices can still be found. Watch a few minutes of CNBC, read a few blogs, talk to a few opinionated people, and there's no question about it: Fear still isn't hard to find. And that's great news for bargain-hunting investors.
We're looking for cheap stocks here. And not just stocks that have fallen in price, but goodcompanies that are still cheap. There's a difference.
Using our Motley Fool CAPS ranking system's screening tool, I scanned for bargain companies with the following characteristics:
Have a look:
Company
Recent Price
TTM Return on Equity
Forward P/E Ratio
Agrium (NYSE: AGU)
$51.64
17.9%
9.7
Almost Family (Nasdaq: AFAM)
$31.75
20.0%
11.2
Burlington Northern Santa Fe (NYSE: BNI)
$82.47
16.9%
14.9
Novartis (NYSE: NVS)
$50.28
15.1%
12.9
Transocean (NYSE: RIG) Continued...
Morgan Housel is a Motley Fool contributor.
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