In this article, we will discuss the 10 Best Bargain Stocks to Buy in June.
On June 8, Reuters reported that Citigroup raised its 2026 year-end target for the S&P 500 index to more than 8,100, thanks to corporate earnings and AI-driven growth. Furthermore, the firm increased its S&P 500 EPS forecast to $350 for 2026, an increase from $320 that was set in December 2025. It gave the preliminary target for 2027 of $400.
Citigroup, just like other brokerages, believes that AI momentum and robust corporate earnings are expected to mitigate the inflationary pressures as well as supply risks because of the Middle East conflict in the short term, reported Reuters. That being said, the firm also warned that the continuation of AI-led growth beyond 2027 is the critical question.
Reuters, while citing the Citi strategists, reported that the AI-associated ecosystems are projected to move beyond the technology firms. However, the focus would shift to whether or not, beyond 2027, the US companies will be able to deliver on productivity gains guaranteed by AI.
Amidst such views, we will now have a look at the 10 Best Bargain Stocks to Buy in June.
Our Methodology
To list the 10 Best Bargain Stocks to Buy in June, we used a screener to shortlist stocks that trade at a forward P/E of less than ~17x. We also mentioned hedge fund sentiments around each stock, as of Q1 2026. Finally, the stocks are arranged in an ascending order of their hedge fund sentiments.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
Note: All the data is as of June 12
10 Best Bargain Stocks to Buy in June
10. The Allstate Corporation (NYSE:ALL)
Forward P/E: ~8.7x
Number of Hedge Fund Holders: 52
The Allstate Corporation (NYSE:ALL) is one of the Best Bargain Stocks to Buy in June. On June 7, Keefe Bruyette downgraded the company’s stock to “Market Perform” from “Outperform” with a price objective of $242, down from the previous target of $266. As per the analyst, The Allstate Corporation (NYSE:ALL)’s previously accelerating YoY personal auto policies in force growth touched its peak in February.
The analyst, Meyer Shields, further added that the increasing personal auto rate competition might prevent the significant reacceleration. Also, The Allstate Corporation (NYSE:ALL) added that it would stop reporting monthly PIF numbers after the May data. This further suggests that, more or less, its return to positive PIF growth has already played out, added Shields. However, The Allstate Corporation (NYSE:ALL) will continue reporting its policies in force growth in the quarterly earnings releases.
In a different update, The Allstate Corporation (NYSE:ALL) highlighted that its strategy and execution capabilities resulted in robust earnings in Q1 2026, with revenues coming at $16.9 billion and net income at $2.4 billion.
The Allstate Corporation (NYSE:ALL) offers property and casualty, and other insurance products.
