These S&P 500 stocks are cheap and expected to do well from here

Cheap stocks still remain for investors to buy, despite the equity market persisting near its all-time highs. Strong economic growth and the commencement of an interest rate reduction cycle have propelled stocks to new heights this year, with the benchmark S & P 500 index up 21% in 2024, as of Tuesday's close. The Dow Jones Industrial Average and technology-heavy Nasdaq Composite have respectively added 12% and 23%.

Pro recently screened data from LSEG to find the stocks in the S & P 500 that are currently priced at a discount and could see outperformance going forward.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Stock market today: S&P 500 slips as Treasury yields jump; tech earnings eyedStock market today: S&P 500 slips as Treasury yields jump; tech earnings eyed
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes above 5,800 for first time ever as banks rallyStock market today: S&P 500 closes above 5,800 for first time ever as banks rally
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes lower as spike in Treasury yields weighStock market today: S&P 500 closes lower as spike in Treasury yields weigh
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500, Dow in fresh record close as Netflix shinesStock market today: S&P 500, Dow in fresh record close as Netflix shines
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 rides Nvidia-led tech surge to close higherStock Market Today: S&P 500 rides Nvidia-led tech surge to close higher
Source: Investingcom - 🏆 450. / 53 Read more »