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The 3 Most Undervalued Long-Term Stocks to Buy in February 2024
Bank of AmericaBank of America(US:BAC) InvestorPlace·2024-02-05 23:40

As we enter February 2024, the stock market continues to power ahead, led by Big Tech. However, pockets of overvaluation are appearing, especially with the technology sector trading at 27.5 times the next twelve-month earnings. Considering that starting valuations are a key determinant of forward returns, it’s time to rotate into some undervalued stocks in February 2024.There are several gems that, despite possessing strong fundamentals and promising growth prospects, are trading at significant discounts. S ...