5 Top Bargain Stocks Ready for a Bull Run

Despite the market recently rebounding to hit new highs earlier this month, there are still bargains to be found in the space

Let's look at five bargain stocks that could be ready for a bull run

Image source: Getty Images

While its forward price-to-earnings (P/E) ratio is 37, its forward price/earnings-to-growth (PEG) ratio is just 0. 8, with PEGs below 1 indicating a stock is undervalued

It pushed the software gram into universities and re labs, where it became the gram upon which developers learned to gram graphics cessing units (GPUs)

That head start eventually turned into a huge network advantage, as it led to more tools and libraries being built on top of its system and more developers being trained on its platform

With AI infrastructure demand still in its early stages, Nvidia is positioned to keep dering strong returns

While it trails Nvidia in overall GPU by a country mile, it's carved out a mising niche in inference, where cost, power efficiency, and latency matter more than brute-force computing power

Inference is expected to become the larger AI market over time, and AMD doesn't need to overtake Nvidia to be an AI winner

Just picking up incremental from a much smaller base could lead to meaningful growth for the company in the years ahead

Last quarter, AMD said that a major AI model vider was running a significant percentage of its daily inference workloads on its GPUs, showing that the company can compete better in this arena

Between this and its leadership in data center central cessing units (CPUs), AMD has a big growth opportunity still in front of it

If it can capitalize on these opportunities, the stock has a lot of upside from here

While Nvidia and AMD design advanced chips, TSMC is the one that actually makes them

Advanced semiconductor manufacturing is extremely difficult, and TSMC has become the leader in the space while rivals Intel and Samsung have struggled

At this point, TSMC's nological expertise and scale cannot be matched, which has given it strong pricing power

It's also started to expand geographically, including building fabs in the U

To support future demand and reduce geopolitical risks such as tariffs

As the demand for AI and other advanced chips continues to grow, TSMC is in the sweet spot as the go-to manufacturing partner of leading chip designers

With AI servers, edge devices (such as smartphones and laptops), and autonomous vehicles all needing advanced chips and seeing strong demand, TSMC is in a great position moving forward

The possibility that AI will disrupt Google has weighed on the stock, but the facts suggest otherwise

AI queries cost more to run, and Alphabet has a distribution edge with its market-leading Android smartphone operating system and Chrome browser

It also owns one of the world's most effective and far-reaching digital ad platforms, with a strong position in local

Those advantages can also be ext to its AI offerings, and the company is combining and AI with its new AI mode

Meanwhile, Google Cloud is hitting its stride

Its custom tensor cessing units (TPUs) are giving it a cost edge on inference workloads, and its new Ironwood chip should only build on that

Waymo, meanwhile, is quickly expanding its robotaxi to new cities, and the Willow chip was a big move forward in quantum computing (one might even say it was a "quantum leap")

Alphabet is a lot more than, and it has a lot of growth opportunities ahead

Sentiment around Chinese stocks has been imving, as have Alibaba's fundamentals

Its cloud segment has now seen AI-related revenue more than double for seven straight quarters

Apple's selection of its Qwen model to power Apple Intelligence in China could also become a nice growth driver

Alibaba's e-commerce has been recovering

Taobao and Tmall are stabilizing, and Alibaba is monetizing the platforms better through software fees and a new AI marketing tool

Its 88VIP gram continues to grow, and new initiatives one-hour dery and embedded Taobao links in Rednote posts could help drive growth

The company's money-losing international segment (AIDC) is another potential catalyst

If it turns fitable as expected, it would be a nice boost to Alibaba's earnings

Despite a solid turnaround, Alibaba still trades at a third of Amazon's P/E multiple, giving it strong potential upside in the years ahead

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors

Geoffrey Seiler has positions in Alphabet

The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, Intel, Nvidia, and Taiwan Semiconductor Manufacturing

The Motley Fool has a disclosure policy.