10 Good Stocks That Are Cheap Now: Morningstar

Morningstar recently sorted through its list of Best Companies to Own, and selected 10 that currently stand out as having the most undervalued stock prices. Like all companies on the larger list, these 10 companies have significant competitive advantages, Morningstar's content development editor Margaret Giles wrote in a blog post. Their cash flows are predictable, and their management teams have a history of making wise capital-allocation decisions. And all these companies are trading below Morningstar's fair value estimate. See the gallery for the 10 best companies to invest in now. Year-to-date performance is as of Oct. 3.