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Everyone loves a “cheap” stock right? They get all the love.

But “cheap” doesn’t mean it’s a “value.”

Value stocks can be $100 and expensive stocks can be $5. Investors need to keep an eye on actual earnings.

But there’s just something about buying a stock under $20 that’s fun.

One hundred eleven stocks fit the bill including a lot of foreign companies and banks. 

3 Value Stocks Under $20

1.      Autobytel (ABTL - Free Report) is a digital media company specializing in cars. It owns websites like car.com and usedcars.com. It had a record first quarter after posting a record 2016 as advertising and click revenue soared. ABTL has a forward P/E of just 13.2 and it’s trading about $13.

2.     CAI International (CAI - Free Report) operates globally in containers, rail and logistics. While the container market is heating up in 2017, and the company expects an industrywide shortage by the end of the year, the rails business continues to be soft. As the global economy heats up, CAI is in the right kind of business. It’s cheap, with a forward P/E of 10.6 This was a little bit of a cheat, as it has just surged above $20, but it’s close enough.

3.     Fogo de Chao (FOGO - Free Report) is a Brazilian steakhouse with a forward P/E of 14.9. Shares have sold off in May making it an attractive entry point. In the first quarter, same-store-sales in the US, it’s largest market, were up 0.9%. It also reaffirmed guidance. Shares are trading around $14. Is this one of the cheapest restaurant stocks out there?