“4 Incredibly Cheap Stocks to Buy in October”
MGM is undervalued at 5.1x free cash flow; long-term growth from the Japan resort and buybacks make it a strong buy.
Now, this is a company that I believe is severely underrated. I'll get to the growth part in a moment because this is a long-term growth story , but that may come in the next decade.
But, I want to talk about value for just a moment. The current price-to-free cash flow ratio, here and now, is 5.1. Even on a future-oriented basis, you are looking at around 5.3.