With all the talk of stocks being overvalued due to the massive rally we've seen since March, you'd think there'd be almost no dirt cheap stocks. You know what I'm talking about. I mean really cheap. Stocks with single digit P/Es and price-to-book ratios well under 1.0.

But what if I told you that there's one sector where there's not just one dirt cheap stock, but many of them. And as an added bonus, these dirt cheap stocks also have a Zacks Rank of #1 or #2, which means they have rising earnings estimates.

Too good to be true?

Nah. You just have to know where to look.

Dirt Cheap Stocks are Not the Techs

To find the dirt cheap stocks in this market you have to get over your obsession with tech stocks, energy plays and, as hard as it is, even the drybulk shippers.

Because our dirt

...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Acergy SA (ACGY) Adobe Systems Inc (ADBE) Belden Inc (BDC) Black Hills Corp (BKH) Cousins Properties Inc (CUZ) CryptoLogic Ltd (CRYP) Delphi Financial Group Inc (DFG) Eastman Chemical Co (EMN) Grupo Aeroportuario del Centro Nort (OMAB) Harbin Electric Inc (HRBN) Kimco Realty Corp (KIM) M&T Bank Corp (MTB) Main Street Capital Corp (MAIN) Patni Computer Systems Ltd (PTI) Porter Bancorp Inc (PBIB) RPM International Inc (RPM) Ryder System Inc (R) Vornado Realty Trust (VNO) Whiting USA Trust I (WHX) Yingli Green Energy Holding Co Ltd (YGE) View the entire Zacks #5 Rank List.

Zacks Investment Research

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Acergy SA (ACGY) Akzo Nobel NV (AKZOY) Allegheny Energy Inc (AYE) Axis Capital Holdings Ltd (AXS) BG Group Plc (BRGYY) Camden Property Trust (CPT) CBL & Associates Properties Inc (CBL) Columbus McKinnon Corp (CMCO) Consolidated Graphics Inc (CGX) Cytec Industries Inc (CYT) Dawson Geophysical Co (DWSN) Delphi Financial Group Inc (DFG) El Paso Corp (EP) Equinix Inc (EQIX) Frontline Ltd (FRO) Gamco Investors Inc (GBL) Illinois Tool Works Inc (ITW) Lindsay Corp (LNN) Loews Corp (L) M&T Bank Corp (MTB) Mercury General Corp (MCY) Old Point Financial Corp (OPOF) Parker-Hannifin Corp (PH) Partner Communications Company Ltd (PTNR) Signet Jewelers Ltd (SIG) Superior Energy Services Inc (SPN) Urban Outfitters Inc ...