With the market surging following the presidential election and the S&P 500 trading near an all-time high, finding bargains in the market isn’t the easiest task. However, that doesn’t mean they are not out there.
Let’s look at three bargain stocks investors can buy right now.
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Sirius XM Holdings (NASDAQ: SIRI) owns its namesake satellite radio service, the Pandora streaming music app, and a podcast network. It recently became a fully independent company following a transaction with Liberty Media.
The company has a number of opportunities in front of it. This includes letting users build a plan starting at $9.99 a month and adding extras like sports or talk only if they want. It said this will help it move away discounted pricing and bring in more users.
In addition, it is looking to form new automotive partnerships to help bring in customers. It just added Toyota Motor to its roster and now has nine original equipment manufacturers (OEMs).
The company is also expecting to see a big decrease in satellite related capital expenditures (capex) after this year with it declining to near zero in 2028. Together with reducing annual costs by $200 million, it should help bolster free cash flow and help the company reduce leverage.
Trading at a forward price-to-earnings (P/E) ratio of about 8.6 based on 2025 analyst estimates and an enterprise value (EV)-to-EBITDA ratio of about 7.2 as of this writing, Sirius XM’s stock is attractively valued.
While the company is seeing some ad market softness impacting its Pandora and podcast businesses, it is a fairly steady business that generates solid cash flow. With the Liberty Media transition behind it, it should become more focused so it can deliver solid value to its shareholders moving forward.
A cheap valuation combined with deleveraging opportunities makes the stock a buy.
One of the biggest gainers from the recent election, Geo Group (NYSE: GEO) is still very attractively valued given the opportunities in front of it trading at a forward P/E of under 16 based on 2025 estimates and a forward EV/EBITDA of 11.
Known as a private prison company, one of Geo Group’s biggest opportunities lies in the Intensive Supervision Appearance Program (ISAP), where it provides electronic monitoring of immigrants within the program.
ISAP has been a headwind for the company; participation in the program has fallen due to a lack of a government budget. However, in the past there have been bills to greatly expand the program. Under the Trump administration and with Republicans looking to have control over the House and Senate as of the time of this writing, more funding is expected to go toward immigration.
