Stocks are always rising and falling based on sentiment in the market, often with very good reason. If a company's growth prospects increase, the stock's price-to-earnings ratio goes up; if its prospects dim, the P/E falls.
Today, I want to highlight three stocks that I think are being overlooked by the market. They have P/E ratios of 10 or lower and businesses that are more solid than the market gives them credit for. Here's why Sony (NYSE: SNE), CBS (NYSE: CBS), and Honda (NYSE: HMC) are great values in today's stock market.