Undervalued Stocks: First Solar and Others Offer Potential Despite Market Rally

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Business Nachrichten

INVESTING,STOCK MARKET,UNDERVALUED STOCKS

Investors seeking opportunities in a market that has seen record highs for stocks in 2023 may find value in companies trading at significant discounts based on forward price-to-earnings ratios. Trivariate Research identified some mega-/large-/or mid-cap stocks with low P/E ratios and positive earnings history. First Solar, despite underperforming this year, stands out as a potential winner despite recent market headwinds.

After a record trading year for stocks, investors may find opportunity with some companies that have traded at significant discounts on a forward price-to-earnings ratio basis in recent history. The past year has seen all three major averages score multiple new intraday and closing highs, with some of those taking place during this trading month. The S & P 500 and Nasdaq Composite kicked off December setting fresh record closes.

mountain EXPE, 3-month 3M was also on the list, having traded at 9.9 times earnings on Sept. 29, 2023. That stock has a P/E over the next 12 months of 16.3. This year, the stock has surged more than 41%, beating out the S & P 500 in year-to-date gains. Other names on the list include Sirius XM , which Warren Buffet's Berkshire Hathaway recently purchased more shares of . That stock has fallen more than 57% year to date and has a P/E ratio over the next 12 months of 8.5.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

3 Undervalued Stocks With 20%+ Upside to Keep on Your Radar for 2025 and BeyondStocks Analysis by Investing.com (Jesse Cohen) covering: Block Inc, Endeavor Group Holdings Inc, Kyndryl Holdings Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Five Undervalued Stocks Under $20 for Black Friday InvestmentIn the spirit of Black Friday, five compelling stocks trading under $20 are highlighted as exceptional value opportunities. Mobileye, a leader in ADAS and autonomous driving technologies, is well-positioned to dominate the self-driving revolution due to increasing demand and regulatory requirements.
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

3 Undervalued AI Tech Stocks Poised for Sizable Gains in 2025Stocks Analysis by Investing.com (Jesse Cohen) covering: Nasdaq 100, Autodesk Inc, Qualcomm Incorporated, Hewlett Packard Enterprise Co. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »