Though stocks have rebounded after the recent volatility, investors may want to hunt for names that are still relatively cheap. Markets around the world experienced much volatility recently. Earlier this month, Japan’s stock market posted its worst drop since Wall Street’s “Black Monday” in 1987, and the contagion spread to other Asia-Pacific markets, which posted severe declines. Similarly, U.S. and Europe markets fell sharply , though they have rebounded since. Many stocks could still have attractive valuations relative to their sectors, however. Investors are also watching the expected U.S. Federal Reserve rate cut cycle, which is set to be bullish for U.S. stocks, but how will that affect global markets? Investors are likely to prefer Asian markets with proven earnings growth, against the backdrop of economic uncertainty from China and U.S.-China trade tensions, Citi said in an Aug. 24 note. Meanwhile, markets in Latin America are expected to improve as the Fed eases, said Citi. Stocks have underperformed this year, but it could prove to be a buying opportunity for investors who are targeting Brazil and Mexico, the bank said. Against that backdrop, CNBC Pro screened FactSet for global stocks that are cheaper than their sector average, and are expected to have positive earnings growth ahead. We used these criteria: Market value of more than $1 billion Earnings per share growth for the next 12 months is greater than zero Percentage change in sales and earnings per share for the last four quarters is greater than zero Price-to-earnings is lower than the stock’s sector average These stocks showed up.