10 Best Bargain Stocks to Buy in June

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 (NYSE:MPC) had $2.2 billion of cash and cash equivalents.

Marathon Petroleum Corporation (NYSE:MPC) operates as an integrated downstream energy company.