3 Value Stocks to Buy While You Still Can By StockNews
After outperforming from last fall into the spring, value stocks have been overtaken by growth stocks, but that is expected to change as the economic recovery continues. So, now is the time to start putting your money to work in undervalued companies that offer the potential for strong returns such as Gilead Sciences Inc . (NASDAQ:), HP Inc.(NYSE:), CNH Industrial N.V. The economy is strong, even though the Delta version has been soaring in the US. In the short-term, I believe value will overtake growth, so now is the best time to buy.
You would expect that it would be difficult to find value with so many stocks trading at record highs. But that’s not the truth. If you’re willing to search hard enough, there are many undervalued stocks out there. If you are looking to buy these stocks at an affordable price, you need to act quickly. Investors often think about the value of certain cyclical industries like construction or steel.
However, investors can find value within any industry. This is why I did a search in the POWR Ratings system to identify stocks with an overall rating (Buy) and a value grade of A. Then, I narrowed down my list to locate the best potential opportunities. These included Gilead Sciences Inc./GILD and HP Inc./HPQ and CNH Industrial N.V./CNHI.
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