Finding Low Price-To-Earinings Ratio (P-E) Stocks is Easy
It's hard to resist a bargain. And when it comes to bargains on Wall Street, a low P-E catches many investors' attention. There is sound reason for that. The price-to-earnings ratio of a stock tells you how much investors are willing to pay for every $1 a company generates in profit. The lower the P-E, the less investors are paying in order to yield the same earnings.
Yahoo Finance elaborates this concept, and recommend the Intraday Stock Screener at USATODAY for low P-E stock screening. In the same page is a Mutual Fund Finder that highlights mutual funds with high performance. HTH!