11 Ridiculously Cheap Stocks to Invest in

5.  Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)

Forward P/E as of April 17: 3.82

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is a Brazilian company that explores, produces, and markets oil and gas. Controlled by the Brazilian government, the company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. This integrated energy company considers operating at low costs with low carbon emissions its top priority. PBR is among the best cheap stocks to buy.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has increasingly caught the eyes of many investors recently, owing to the Trump tariff threats and positive revisions in production expectations. We believe that the stock, with an attractive valuation, has even more room to grow in the times ahead.

The plan to impose 25% tariffs on countries buying O&G from Venezuela and possible restrictions on the exports of other countries means price hikes. While the constrained supply can benefit Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) with tailwinds in prices, there can also be similar restrictions that the company can face amid the growing global recession. This is where the trade restriction offers both risk and opportunity. While things remain unclear for now, the coming days will speak volumes.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has set a clear vision for 2025, and that’s what we like to picture. The company has set new targets for oil production with a forecast of 2.8 million boe/d. Not only this, three new production systems are set for 2025 with an increase in the gas supply. Just recently, the management disclosed that it’s in talks with U.S. liquefied natural gas suppliers for a long-term import deal.

With the company reducing the financial burden by repaying its debt, Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has reported its lowest amount of financial debt in 17 years, and a forward price-to-earnings ratio of 3.82 implies a high safety margin for investors as the shares continue to pay steady dividends. Having said that, PBR is definitely one to watch.