3 Top Stocks That Look Like Bargains Today
2026-05-13 12:35:00 ET
The S&P 500 is hitting new highs again, and it's becoming expensive again, trading at a cyclically adjusted price-to-earnings ratio of 38. There are many theories about why this time is different and why we're not in a boom-and-bust cycle. The artificial intelligence (AI) stocks that are driving the gains are predominantly profitable and thriving, and many of them, including Amazon and Alphabet , have solid businesses beyond AI.
However, you can't escape the fact that many shares have premium valuations with a lot of growth already baked in. If you're looking for bargains in this lofty market, Carnival (NYSE: CCL) , MercadoLibre (NASDAQ: MELI) , and Chipotle Mexican Grill (NYSE: CMG) are all top stocks that look priced to buy.
Image source: Carnival.
NASDAQ: CMG
CMG Trading
0.6% G/L:
$32.605 Last:
1,579,144 Volume:
$31.97 Open:
