6 Stocks On Sale

The latest market selloff affords you an opportunity to pick up relatively cheap shares of these high-quality companies.

After the market's recent bloodletting, stocks are on sale. You can find many well-known, high-quality companies trading at extraordinarily low prices in relation to earnings, cash flow, book value and other key measures.

So if you missed the sale of the century in early 2009, here are six second-chance stocks. If the market continues to tank, you probably won’t make money with them. But because of their high quality and washed-out valuations, they should hold up better than most. And if stocks rebound, look for our picks to outperform the market.

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Jennifer Schonberger
Staff Writer, Kiplinger's Personal Finance