3 Cheap Stocks to Buy in 2021

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It’s a tough time to go bargain hunting on Wall Street.

An impressive second-half rally in 2020 has many stocks trading near record-high valuations, and many of the stocks that aren’t flying high are down for a reason. Either they are in industries that have run into headwinds, or they face company-specific issues.

There are times when the market gets it wrong, and certain stocks appear to be on sale. Here’s why three Fools believe Raytheon Technologies (NYSE: RTX), Magna International (TSX: MG) (NYSE: MGA) and Huntington Ingalls Industries (NYSE: HII) are good bargains heading into 2021.

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