3 Dirt-Cheap Value Stocks to Invest $1,000 in This July

With the major stock market indexes hovering around all-time highs, there aren't as many dirt-cheap value stocks hiding in plain sight

But there are plenty of opportunities if you know where to look

Utilities, airlines, and stodgy industrial companies won't light up a growth investor's radar

However, they can be exactly what dividend seekers are looking for to boost their passive income

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NextEra Energy is famous for solar and wind power but also loves natural gas and nu Scott Levine (NextEra Energy): While passage of President Donald Trump's "One Big Beautiful Bill" helped to drive nu energy stocks higher, those focused on solar and wind power -- utility stock NextEra Energy -- have quickly fallen out of favor

Value investors know, however, that there are great opportunities to be had when the market turns its back on quality stocks

What investors may be missing is that the company also operates ample natural gas and nu assets -- energy sources favored in the recently passed legislation

As one of the largest U

NEE Total Return Level data by YCharts

Trading at 11. 9 times operating cash flow, NextEra Energy stock is priced at a discount to its five-year average cash flow multiple of 14. 8, making it a great opportunity today

The other reason is that investors are concerned the traditional cyclical nature of the and the level of debt that airlines incurred when travel restrictions were imposed on the public

Those fears are still partly justified, but there's strong evidence to suggest that airlines, particularly network carriers United, have mitigated these risks to such an extent that the stocks now appear to be excellent values

Through the development of loyalty grams, co-branded credit cards, and premium offerings, United has diversified its revenue s, reducing its reliance on main-cabin tickets

And, as previously discussed, network carriers United and Delta Air Lines have a structural advantage in an era of rising airport, labor, and supply-chain costs

For example, only a slight increase in these costs will challenge the models of the low-cost carriers and squeeze their fit margins

It all adds up to make United Airlines an excellent long-term investment for readers who believe the airline industry has learned from the mistakes of the past

The sell-off could present a buying opportunity for dividend investors seeking an industry leader at a favorable value

Last quarter, Lockheed reaffirmed its full-year outlook for low single-digit revenue growth and an increase in diluted earnings per (EPS)

It's not a great forecast, but it should vide ample free cash flow (FCF) to continue returning capital to holders through stock buybacks and consistent dividend increases

It has a huge backlog that is more than double a year's worth of sales

This allows Lockheed to plan its spending and have an accurate handle on its FCF, which is helpful when budgeting for its capital return gram

What's more, management's diluted EPS guidance is more than double its dividend payment, meaning that Lockheed can easily afford its generous payout thanks to its strong earnings

Add it all up, and Lockheed checks all the boxes when it comes to finding a reliable dividend stock at a good value this July

Daniel Foelber has no position in any of the stocks mentioned

Lee Samaha has no position in any of the stocks mentioned

Scott Levine has no position in any of the stocks mentioned

The Motley Fool has positions in and recommends L3Harris nologies and NextEra Energy

The Motley Fool recommends Delta Air Lines, Lockheed Martin, and RTX

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