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’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 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 will continue reporting its policies in force growth in the quarterly earnings releases.
In a different update, The Allstate Corporation 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 offers property and casualty, and other insurance products.
9. Marathon Petroleum Corporation (NYSE:MPC)
Forward P/E: ~7.5x
Number of Hedge Fund Holders: 54
Marathon Petroleum Corporation (NYSE:MPC) is one of the Best Bargain Stocks to Buy in June. On June 12, Morgan Stanley lifted its price objective on the company’s stock to $265 from $233 and maintained an “Overweight” rating on the shares. As per the analyst, the refining margins have eased from the peak that was witnessed in mid-May. However, they are still elevated compared to the pre-conflict levels. The analyst also updated the estimates for the latest strip prices through 2027.
Even with the reopening of the Strait of Hormuz, the cracks are expected to be aided by tight product inventories as well as stability in demand trends.
Notably, the company’s Q1 2026 results demonstrate the strength and reliability of the integrated system and sound approach to capital deployment, with net income coming at $511 million and adjusted net income at $487 million. As of March 31, 2026, Marathon Petroleum Corporation had $2.2 billion of cash and cash equivalents.
Marathon Petroleum Corporation operates as an integrated downstream energy company.
8. Devon Energy Corporation (NYSE:DVN)
Forward P/E: ~8.5x
Number of Hedge Fund Holders: 58
Devon Energy Corporation (NYSE:DVN) is one of the Best Bargain Stocks to Buy in June. On June 12, Morgan Stanley analyst Devin McDermott reiterated a “Buy” rating on the company’s stock, setting a price objective of $66.00. The analyst’s rating is backed by factors that are related to Devon Energy Corporation’s merger integration and strategic positioning.
The management articulated a detailed post-merger roadmap, which aids confidence in production levels, capital allocation discipline, and delivery of targeted synergies. Also, a diversified and multi-basin portfolio supports operational resilience. The analyst also noted Devon Energy Corporation’s commitment to strong shareholder returns, which includes a rising base dividend and sizable share repurchase program supported by the strong FCF.
Considering the identified synergies, further upside stemming from the technology and AI initiatives, and shares that trade at a discount to peers, the analyst expects an opportunity for multiple expansion.
Devon Energy Corporation is an independent energy company, which is in the business of exploration, development, and production of oil, natural gas, and natural gas liquids.
7. Medtronic plc (NYSE:MDT)
Forward P/E: ~13.4x
Number of Hedge Fund Holders: 60
Medtronic plc (NYSE:MDT) is one of the Best Bargain Stocks to Buy in June. On June 12, BofA reduced its price objective on the company’s stock to $95 from $110 and maintained a “Buy” rating on the shares. The firm’s services team has been highlighting a lower utilization environment, and thus, the analyst became more conservative with respect to the 2027 med-tech company estimates. Also, the valuations are demonstrating the utilization risk.
The analyst opines that inflation is a hurdle in 2027 with less margin expansion for med-tech. As a result, the analyst lowered 2027 estimates throughout the firm’s larger-cap coverage where companies are exposed to utilization and inflation.
In a different update, David Roman, an analyst from Goldman Sachs, maintained a “Hold” rating on the company’s stock. The rating was due to several factors that result in Medtronic plc (NYSE:MDT)’s risk‑reward profile being fairly balanced. While the analyst sees strong top‑line momentum, with cardiovascular and neuroscience franchises continuing to gain share and offsetting the lagging areas, he also noted that earnings are not able to benefit fully. This is because of increased reinvestment, portfolio mix, etc.
Medtronic plc (NYSE:MDT) is engaged in developing, manufacturing, and selling device-based medical therapies to healthcare systems, physicians, clinicians, and patients.
6. Valero Energy Corporation (NYSE:VLO)
Forward P/E: ~9.3x
Number of Hedge Fund Holders: 67
Valero Energy Corporation (NYSE:VLO) is one of the Best Bargain Stocks to Buy in June. On June 12, Morgan Stanley lifted its price objective on the company’s stock to $255 from $232 and maintained an “Equal Weight” rating on the shares. While the refining margins have softened from the mid-May peak, they are still elevated compared to the pre-conflict levels, added the firm’s analyst. Furthermore, the analyst updated the estimates for the latest strip prices through 2027.
In a different release, Valero Energy Corporation reported net income of $1.3 billion for Q1 2026 as compared to a net loss of $595 million for Q1 2025. The refining segment saw operating income of $1.8 billion for Q1 2026 as compared to an operating loss of $530 million in Q1 2025.
Capital investments came in at $448 million in Q1 2026. Out of this, $404 million was for sustaining the business, which includes costs for turnarounds, catalysts, and regulatory compliance.
Valero Energy Corporation is engaged in manufacturing, marketing, and selling petroleum-based and low-carbon liquid transportation fuels and petrochemical products.
5. Abbott Laboratories (NYSE:ABT)
Forward P/E: ~16.1x
Number of Hedge Fund Holders: 73
Abbott Laboratories (NYSE:ABT) is one of the Best Bargain Stocks to Buy in June. On June 12, BofA analyst Travis Steed reduced the firm’s price objective on the company’s stock to $102 from $120 and maintained a “Buy” rating on the shares. The analyst took a more conservative view on 2027 med-tech company estimates. This is because the valuations continue to reflect utilization risk, added the analyst. Furthermore, inflation is more of a headwind in 2027, with less margin expansion for medtech.
As a result, the analyst reduced the 2027 estimates throughout the firm’s larger-cap coverage basket where there is exposure to the utilization and inflation.
In a separate release, Abbott Laboratories announced that it secured CE Mark for the world’s first dual glucose‑ketone sensing technology for people suffering from diabetes. Branded as Libre Duo and Libre Duo 10 Day, such systems tend to continuously measure glucose and ketone levels every minute. This offers real-time visibility into glucose levels required for daily diabetes management and rising ketones that can result in diabetic ketoacidosis (DKA) emergency.
Abbott Laboratories is engaged in discovering, developing, manufacturing, and selling health care products.
4. KKR & Co. Inc. (NYSE:KKR)
Forward P/E: ~15.8x
Number of Hedge Fund Holders: 82
KKR & Co. Inc. is one of the Best Bargain Stocks to Buy in June. On June 11, Crowe LLP and KKR announced an agreement, wherein the funds managed by KKR & Co. Inc. will make a significant equity investment in Crowe Advisory LLC. KKR will invest in Crowe Advisory LLC via its North America Fund XIV. While the transaction is projected to close in Q3 2026, it remains subject to customary closing conditions and required regulatory approvals.
KKR & Co. Inc.’s investment highlights its healthy conviction in Crowe’s differentiated platform, team, and long-term growth potential. The investment firm remains optimistic regarding Crowe’s team to support the continued growth and investment towards next-generation client capabilities.
Crowe would need to reorganize its structure before closing. Upon closing, the newly formed Crowe Advisory LLC will be offering tax, advisory, and other non-attest services to the clients.
KKR & Co. Inc. is a private equity and real estate investment firm that specializes in direct and fund-of-fund investments.
3. Adobe Inc. (NASDAQ:ADBE)
Forward P/E: ~8.6x
Number of Hedge Fund Holders: 86
Adobe Inc. (NASDAQ:ADBE) is one of the Best Bargain Stocks to Buy in June. On 12 June, RBC Capital analyst Matthew Swanson reduced the firm’s price objective on the company’s stock to $285 from $350 and maintained an “Outperform” rating. This reduction in the target price comes after Adobe Inc.’s Q2 results and the announcement that its CFO Dan Durn is leaving.
Notably, in Q2 2026, the company saw record revenue of $6.62 billion, demonstrating robust AI-driven demand throughout its customer groups. Also, it raised its FY 2026 revenue and non-GAAP EPS targets. For FY 2026, it anticipates total revenue of between $26.50 billion – $26.60 billion. Exiting the quarter, the company’s RPO came in at $22.27 billion, and cRPO stood at 67%.
The firm noted that Adobe Inc.’s AI-first ARR grew three times YoY to over $500 million. However, it added that reduced estimates and peer multiple contraction are the reasons for the reduction in price objective.
Adobe Inc. is a provider of multimedia and digital marketing software.
2. The Charles Schwab Corporation (NYSE:SCHW)
Forward P/E: ~14.4x
Number of Hedge Fund Holders: 101
The Charles Schwab Corporation (NYSE:SCHW) is one of the Best Bargain Stocks to Buy in June. On June 10, Charles Schwab Foundation announced a $2.85 million, multi‑year expansion of its partnership with SIFMA Foundation. This is to broaden the access to high‑quality, credible investing education for the students. To provide some context, Charles Schwab Foundation is an independent non-profit public benefit corporation, which is financed by The Charles Schwab Corporation.
The expanded investment builds on a shared focus towards providing young people with trusted investing knowledge amidst a complex financial environment. Over the upcoming 3 years, the Foundation committed over $20 million to non-profit partners focused on developing financial knowledge, confidence, and practical skills. Through the funding, Charles Schwab Foundation is extending support to SIFMA Foundation’s multi-year plans revolving around reaching more young people, which includes expanding the key programs.
The Charles Schwab Corporation operates as a savings and loan holding company. It also offers wealth management, securities brokerage, banking, asset management, custody, and financial advisory services.
1. Micron Technology, Inc. (NASDAQ:MU)
Forward P/E: ~10x
Number of Hedge Fund Holders: 154
Micron Technology, Inc. (NASDAQ:MU) is one of the Best Bargain Stocks to Buy in June. On June 11, Wolfe Research lifted its price objective on the company’s stock to $1,250 from $550 and maintained an “Outperform” rating. The firm lifted its memory model to demonstrate increases in DRAM pricing for CY 2026 and CY 2027, respectively. Also, it expects that bit shipment growth would be limited by cleanroom space at least through 2027.
Wolfe Research increased Micron Technology, Inc.’s estimates to imply a ~45% rise in pricing in fiscal Q3 and elevated pricing levels through 2026. Therefore, for 2027, the firm’s estimates for Micron Technology, Inc. now stand at $226.5 billion for revenue and $135 for EPS. The demand is expected to surpass supply at least through 2027 and potentially into 2028, added the firm.
Furthermore, the long-term agreements continue to be entered into between suppliers and major customers for available supply over the upcoming several years.
Micron Technology, Inc. provides memory and storage solutions sold into client, cloud server, enterprise, graphics, networking, smartphone, mobile-device, automotive, industrial, and consumer markets, among others.
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