Wall Street analysts say these stocks are 'undervalued' heading into 2020

  • 📰 CNBC
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Wall Street analysts say these stocks are 'undervalued' heading into 2020.

As the 2020 election year approaches, health care and "Medicare for all" are once again hot topics. While politics have caused some uncertainty to creep into the sector, Anthem is an example of a stock that's unfairly struggled at times, according to Argus.

"While we understand these concerns, we believe that they are unwarranted given the likely opposition to the single-payer model on Capitol Hill," analyst Jasper Hellweg of Argus Research said."We view Anthem as undervalued," the analyst said.A recent investor meeting left the firm feeling more confident about the direction of the internet domain registrar and web hosting company.

According to Bernstein, the market may be "underappreciating" the value of DuPont's remaining assets after the deal. "We believe DuPont is still a compelling value proposition once the Nutrition and Biosciences deal closes," Bernstein analyst Jonas Oxgaard said.Here's what else analysts are saying about other stocks they consider "undervalued:""Of the three sectors we follow, we believe that cruise has the strongest risk reward for investors in 2020E. Approximately 5% unit growth and 3% yield growth should translate into 16% EPS growth for NCLH and RCL.

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:

 /  🏆 12. in CA
 

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

GoDaddy $GDDY, has the best PE in a long time, Chart with price and EPS below.

Compared to Uber and Twitter’s market caps, everything is undervalued!

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks set to open higher as Wall Street hits new record highsEuropean stocks are set for a higher start to the trading day on Friday, following the rally in stocks stateside.
Source: CNBC - 🏆 12. / 72 Read more »