What buying opportunities might the recent selloffs in the market have created for value investors? The author of today’s article screened for cheap (priced under $5) stocks with low risk (based on profits, earnings and sales) and which are undervalued based on their PEG ratios. For the five stocks that passed this screen and may be worthy of further consideration – including a processor and distributor of Indian specialty rice, a healthcare IT consulting firm, and an owner and manager of ambulatory surgical centers – CLICK HERE.