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Tuesday, November 19, 2024

Dozens of Stocks Are Newly Undervalued After Market Selloff

Dozens of Stocks Are Newly Undervalued After Market Selloff

Amazon and Micron are among the stocks that fell into 4-star territory, while British American Tobacco and Diageo are rated 5 stars.

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There’s a silver lining to the recent painful three-day selloff in the stock market: Dozens of stocks dropped into undervalued territory and are now trading at sometimes-meaningful discounts to their Morningstar fair value estimates.

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