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Here are 7 'cheap' stocks

Based on projected earnings, these seven stocks look like a bargain.

Prudential

cheapest stock prudential financial
  • Forward P/E: 9
  • 2014 stock performance: -1.5%

Like its logo of a rock, Prudential Financial's (PRU) stock has barely moved this year.

While its stock price is stagnant, regulators are moving toward Prudential. That's because last year the insurer was named to the "systemically important" list of financial firms.

The distinction singles out "too big to fail" companies and subjects them to tougher standards from regulators.

Investors may not be loving that extra attention from Washington, but Wall Street (no stranger to regulatory scrutiny) doesn't sound worried. Almost 80% of analysts covering Prudential are urging investors to buy the insurance giant.

  @MattEganCNN - Last updated July 17 2014 01:01 AM ET

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