The 3 Most Undervalued S&P 500 Stocks to Buy in July 2024

The benchmark S&P 500 index is at a record high, having just closed above the 5,600 level for the very first time. So far, in 2024, the index is up 18%, marking one of the best starts in its history and the best start ever to a presidential election year. While the run has been impressive, it has also been uneven, with the gains largely concentrated in a few mega-cap technology stocks.Many components of the S&P 500 index have not participated in the current rally, and their share prices are in the red on th ...