For investors looking for a bargain, there is a group of stocks that are cheap relative to historical trends, according to Trivariate Research. Stocks have been experiencing significant volatility triggered by developments with President Donald Trump’s trade policy. After tariffs were unveiled earlier this month, the market went into a steep sell-off until Trump issued a 90-day pause on the stiff rates for most countries. Stocks then snapped back, with the S & P 500 posting its third-biggest single-day gain in post-World War II period. With the market steadying, Trivariate Research screened for stocks that are considered cheap on free-cash-flow yield compared with their own past patterns. Below are some stocks that made the list. Shares of e-commerce company Shopify have come under pressure in recent weeks. While the stock has gained nearly 9% over the past week, it is down more than 12% this month and more than 21% year to date. Earlier this month, the company made headlines when its CEO Tobi Lutke said in a memo to staffers that they are going to have to prove why they ” cannot get what they want done using [artificial intelligence] ” before requesting additional headcount and resources. Most of Wall Street has a bullish view of the name, with 32 out of 47 analysts covering Shopify having a strong buy or buy rating, according to LSEG. It also has a consensus price target of roughly $132, which reflects about 58% upside from Tuesday’s closing level. The stock has a free-cash-flow yield of 1.6%. PayPal has undergone a similar downside trajectory, with shares plummeting more than 10% over the past month and more than 30% over the past three. The fintech platform also has a 10.9% free-cash-flow yield. Half the 46 analysts covering PayPal have a strong buy or buy rating. All of the remaining 23 have taken a neutral stance with a hold rating. Social platform Reddit , meanwhile, has a free-cash-flow yield of 1.7%. While shares have shed nearly 25% over the past month and about 45% over the past six, analysts are optimistic. On Wednesday, Oppenheimer initiated coverage with an outperform rating , citing increasing advertiser demand as a catalyst for growth. That call is among the 15 out of 23 total analysts with a strong buy or buy rating. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today’s dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles and Dan Ives, with a special edition of Pro Talks with Tom Lee. You’ll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!
