Based on their share price dipping recently, investors have three cheap stocks to consider buying.
Procter & Gamble (PG) traded at the top end of the $142 - $148 range after it posted revenue of $21.24 billion (+7.3% Y/Y). EPS for 2026 will top $6.83 – $7.09. Although commodity costs will add $150 million to expenses and tariffs will cost $400 million in 2026, P&G will raise investments. Innovation will create demand, leading to positive momentum with its consumers.
In the defense industry, Lockheed Martin (LMT) erased all of the gains made during the Iran conflict. In its Q1/26 earnings report, the firm reaffirmed its 2026 guidance. Profit will top up to $8.7 billion, while free cash flow ranged from $6.5 billion to $6.8 billion this year. Lockheed used its Q1 FCF for ERP transformation. This project is back on schedule in the second quarter.
LMT stock fell when the company said that cash flow generation is back-end loaded.
In the tech sector, IBM fell by 9.24% last week. The firm posted a pickup in Red Hat growth, while software sales accelerated. CEO Arvind Krishna said that Red Hat benefits from demand for automation software. Expect Apptio, HashiCorp, and Turbonomic to contribute meaningfully to the FinOps and hybrid cloud management sales growth.
