4 bargain stocks for a turbulent market

The recent downturn has hardly been drastic: The Dow has dropped only 6.6% since mid-July - and that's from an all-time high of 14,000. So cheap stocks may not be as abundant as you'd think. Here are four stocks that look like attractive buys in an uncertain market.

<a href='/quote/quote.html?symb=CCK'>Crown Holdings</a>
Even though Crown Holdings has no direct connection to the mortgage business, its stock has suffered lately. That's because investors fear that the credit crunch could spark an economic slump that would hurt the packaging company (formerly known as Crown Cork & Seal).

But TIAA-CREF's mid-cap value-fund manager Tom Kolefas doesn't see it that way. "If the economy slows, raw-materials prices will get cheaper," he says. "End demand [from beverage and food companies] will stay pretty stable, and that should lead to margin expansion."

Kolefas also likes Crown's abundant free cash flow, which it can use for investment in plant and equipment to expand its business as well as to reduce debt and buying back stock. Analysts expect the company to see a 20% jump in earnings next year, which means investors can expect a comparable rise in the stock price.
Genworth Financial St. Joe Crown Holdings Johnson & Johnson
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.