3 Nasdaq Stocks Trading at Discounted Prices to Consider in May

Last May, I selected the three most undervalued Nasdaq stocks to buy at the time. The three stocks were Sirius XM (NASDAQ:SIRI), LPL Financial (NASDAQ:LPLA), and Carlyle Group (NASDAQ:CG). The average one-year return of the three stocks was 21.5%, 340 basis points less than the S&P 500. Both LPLA and CG delivered better returns than the index, which was dragged down by the satellite radio business. I’ll try to be better.In selecting stocks for last year’s version, I looked for Nasdaq companies with a market ...