Undervalued stocks are those with current stock market prices that are considered lower than what they should be based on the company’s current or future earnings and growth prospects. Investors strive to identify undervalued or cheap stocks because they have the potential to appreciate faster than the stock market as a whole — in effect the stock “catches up” to what its valuation should be.
Here are nine stocks to buy as you review your portfolio for year-end 2017 and begin looking ahead to the best stocks to buy in early 2018.
