The Motley Fool team have put together a great video for investors looking for new shares to put on their radar.

We all want to feel like we’re getting a deal. We coupon, we look for discount codes, and we wait for Labor Day to head to the car dealership or the mattress store.

We do it as consumers and as investors — with stocks we hunt for bargains, hoping to recognize an absurd value before the rest of the market catches on and shares rocket up.

Some people — especially new folks with Robinhood investing accounts — turn to penny stocks or look for the best stocks under $10 or $5 hoping to make some easy money. But that’s actually one of the most destructive ways to invest.

In this video, the Motley Fool team break down the difference between stock price and valuation and explain why seemingly expensive stocks (based on price) can actually be “cheap stocks”. They also explain the huge mistake of fixating on share price, or even fixating on just low P/E stocks if you’re trying to follow the tenets of value investing.