Today, I’m searching for the best cheap stocks to buy for my portfolio. Here are two I think could help me make terrific returns. Both look set to deliver rapid earnings growth for at least the next couple of years.
A top counter-cyclical share to buy today
I believe Begbies Traynor Group (LSE: BEG) shares look too cheap for me to miss. The insolvency and administration practitioner trades on a forward price-to-earnings growth (PEG) ratio of 0.5 for this financial year (to April). This is comfortably inside the benchmark of 1 and below that suggests a stock is undervalued.