These seven undervalued large-cap stocks present a great opportunity
The “Magnificent Seven” stocks may garner the lion’s share of market attention right now, but while there may be strong potential with some of “Mag 7” names, check out opportunities making far fewer headlines, like undervalued large-cap stocks.
Although there are many large-cap value stocks that are “value traps,” or stocks trading at a low valuation that fail to perform well because of growth issues or other types of headwinds, there are stocks that are both undervalued, and that have catalysts in place that could help bridge the valuation gap.
With these stocks, you might win in three ways. First, large-cap value stocks can get re-rated, or bid up to a higher valuation. Second, many times, something like earnings growth can be what drives the re-rating. Shares can also move higher in tandem with the earnings increase.
Third, stocks in the large-cap value category typically pay dividends. These payouts can provide an additional boost to total returns.
Below are the seven most undervalued large-cap stocks to buy this month. Let’s take a look at each one, and see why they are each a great opportunity at current prices.
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