4 Dirt-Cheap, Large-Cap Stocks With Strong Analyst Confidence

Are you looking for large-cap companies that could still grow to new heights? Today we looked for large caps of this nature, while focusing on those that also look undervalued from a price-multiple standpoint. As a way to detect the cream of the crop, we focused in on stocks with strong analyst backing. We came up with an interesting list, but first let us tell you a bit about how we screened.The Price/Sales ratio is a price-multiple valuation metric used to help identify if a firm is cheap by its twelve-month trailing sales numbers. In the most basic terms it lets an investor know how much the investment community is willing to pay for every dollars worth of sales. A firm with a P/S ratio of one or lower would be viewed as cheap because investors are paying $1 or less for every dollar's worth of a firm's sales.
... Read the rest at SeekingAlpha.com