Finding the right stock at the right price can be a very difficult task. This we can all agree on. Well, in order to make things easier for you, I have done the hard part and found three stocks from three different industries that are trading at inexpensive forward valuations, so let’s take a quick look at each to see which would fit best in your portfolio.

1. Silver Wheaton Corp.

(All figures are in U.S. dollars)

Silver Wheaton Corp. (TSX:SLW)(NYSE:SLW) is the world’s largest precious metals streaming company.

At today’s levels, its stock trades at just 24.5 times fiscal 2015’s estimated earnings per share of $0.51 and only 18.9 times fiscal 2016’s estimated earnings per share of $0.66, both of which are inexpensive compared with its five-year average price-to-earnings multiple of 33.1.

I think Silver Wheaton’s stock could consistently trade at a fair multiple of at least 25, which would place its shares upwards of $16 by the conclusion of fiscal 2016, representing upside of about 28% from current levels.

Also, the company pays a quarterly dividend of $0.05 per share, or $0.20 per share annually, giving its stock a 1.6% yield

2. Enbridge Inc.

Enbridge Inc. (TSX:ENB)(NYSE:ENB) is one of world’s leading transporters and distributors of crude oil and natural gas.

At today’s levels, its stock trades at just 20.7 times fiscal 2015’s estimated earnings per share of $2.15 and only 17.7 times fiscal 2016’s estimated earnings per share of $2.52, both of which are inexpensive compared with its five-year average price-to-earnings multiple of 63.

I think Enbridge’s stock could consistently command a fair multiple of at least 25, which would place its shares around $63 by the conclusion of fiscal 2016, representing upside of more than 41% from current levels.

In addition, the company pays a quarterly dividend of $0.53 per share, or $2.12 per share annually, giving its stock a 4.8% yield. 

3. Linamar Corporation

Linamar Corporation (TSX:LNR) is one of the world’s largest manufacturers of powertrain system solutions.

At today’s levels, its stock trades at just 11.2 times fiscal 2015’s estimated earnings per share of $6.56 and only 9.5 times fiscal 2016’s estimated earnings per share of $7.75, both of which are inexpensive compared with its five-year average price-to-earnings multiple of 12.6.

I think Linamar’s stock could consistently command a fair multiple of at least 12, which would place its shares around $93 by the conclusion of fiscal 2016, representing upside of more than 26% from current levels.

Also, the company pays a quarterly dividend of $0.10 per share, or $0.40 per share annually, giving its stock a 0.5% yield.

Should you add value to your portfolio before 2016?

Silver Wheaton, Enbridge, and Linamar are three very attractive long-term investment options. All Foolish investors should take a closer look and consider beginning to scale in to positions in one of them over the next couple of trading sessions.

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Fool contributor Joseph Solitro has no position in any stocks mentioned. The Motley Fool owns shares of Silver Wheaton. (USA). Silver Wheaton is a recommendation of Stock Advisor Canada.