12 small-cap stocks trading at deep discount of up to 80%: Morningstar

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business News News

These 12 small-cap stocks are undervalued and trading at deep discounts of up to 80%, according to Morningstar

Instead, investors spent the year shifting from growth to value stocks in an attempt to seek a safe haven. This adjustment has reshuffled the valuations of stocks in various sectors.

One thing to note is that it may take a while before stocks recover. A December 31 note from Morningstar forecasts two more rate hikes coming down the pipeline, both anticipated in the first half of the year. The Federal Reserve is then expected to ease its monetary policy, which would lead to a rebound in the stock market.

"What we are doing is trying to provide investors with good opportunities where we see significant undervaluation. Where we think the market is not accurately pricing in what the long-term value of a company is," Sekera said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How do we know if this tweet is a pump and dump?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines