Have $2,000? These 2 Stocks Could Be Bargain Buys for 2026 and Beyond.
Yahoo Finance·2026-02-07 13:09

Group 1: Market Overview - The stock market is currently considered historically expensive, with the Shiller price-to-earnings ratio indicating one of the priciest markets in history [1] - Despite high valuations, there are still investment opportunities available for those looking for solid value [1] Group 2: Chevron (CVX) - Chevron operates in the volatile oil and gas industry with an integrated business model that helps stabilize earnings [5] - The company has focused on efficient operations and a mix of short-cycle and long-cycle assets, including the acquisition of the Stabroek Block in Guyana, which offers low-cost, multidecade production capabilities with a break-even price of $30 per barrel [6] - Chevron is projected to have earnings per share of $9.09 in 2027 and $11.01 in 2028, despite trading at about 25 times this year's projected earnings [7] Group 3: Progressive (PGR) - Progressive is a leading automotive insurance company known for its strong underwriting profitability, consistently aiming for a minimum underwriting profit of 4% of total premiums written [8] - The stock has declined 30% from its all-time high due to increased competition in the insurance market and slower premium growth following inflation [9]

Have $2,000? These 2 Stocks Could Be Bargain Buys for 2026 and Beyond. - Reportify