6 Cheap Blue-Chip Stocks to Buy Now

Volatile markets can be a blessing in disguise for bargain hunters of blue-chip stocks. After all, name-brand companies don't go on sale every day. If it takes inflation fears, presumptive trade wars or a whiff of scandal to get good stocks at great prices, so be it.

But how do you find such blue-chip bargains? One way is to key on some fundamental valuation measures. Any time a big, quality name is trading at a price-earnings multiple that doesn't adequately reflect it earnings growth prospects, you have a potentially cheap stock on your hands. Put another way: If a stocks trades at 15 times estimated earnings, but analysts forecast those same earnings to grow at an average of, say, 25% a year for the next five years, something's up.

Now, it could be that