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TGT, PFE,Hd, jpm
There are bargains to be found in the current bear market for investors who have nerves of steel and can stomach the volatility. The broad-based decline in equities through the first three quarters of the year means that some of the best run and most dominant companies in the U.S. have undervalued stocks to buy. These names are trading at a huge discount relative to their current and future earnings.
The share prices of many highly profitable, market-leading companies have sunk by 50% or more over the last nine months, in many cases erasing the gains that they achieved during the pandemic of the last two years.
This presents a huge buying opportunity for investors looking to put capital to work in a weak market. And while we may not have achieved a bottom yet, there are plenty of undervalued stocks to buy at fir- sale prices. These stocks should pay off handsomely once the market does bottom and share prices permanently reverse higher.
Here are seven of the most undervalued, attractive stocks.
GOOG,GOOGL Alphabet $102.20, $101.30
HD Home Depot $290
AMD
Advanced Micro Devices
$68.56
TGT Target $158
BA Boeing $132
PFE Pfizer $43.88
JPM JPMorgan Chase $112 |
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