Here are three stocks that are looking cheap according to a recent analysis. **Sprouts Farmers Market (SFM)** The stock has dropped 60% to a two-year low. It is currently trading at less than 12x projected earnings. Analysts have a price target of $108, which is significantly higher than current levels. The main driver here is the health food market, which is projected to grow 10% annually through 2029. **Progressive (PGR)** Shares have struggled due to concerns over slowing revenue growth, but the company is still growing in absolute dollar terms. The stock trades at under 13x forward earnings and offers a projected dividend yield of nearly 6.7%. **PayPal (PYPL)** The market is pricing this at less than 8x expected profits. While growth has slowed to single digits due to competition, they still hold 40% of the online payment market. Enrique Lores from HP is set to take over as CEO next month.