Although some investors are worried this year's strong market rally has made the S & P 500 expensive, value opportunities still remain.
Pro looked for well-liked stocks on the broad market index that are undervalued. The chosen names are trading at a significant discount to their average forward price-earnings ratio over the past five years. To weed out some names that may be cheap for a good reason, we made sure all the stocks on the list have growing earnings and are expected to have their per-share earnings rise at least 1% this year.
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