BOSTON ( TheStreet) -- Health care is the stock market's cheapest sector, based on earnings projections. The average S&P 500 health-care stock sells for a forward price-to-earnings ratio of less than 12. Here's a look at seven undervalued health-care stocks selling at even bigger discounts. A rotation from risk into quality will benefit these investments in 2011 and beyond. Researcher JPMorgan recommends overweighting each of these equities.Below, the stocks are ordered by forward P/E.
7 Undervalued Stocks From Cheapest Sector
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.