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Take Advantage of the Market’s Dip and Buy These 5 Cheap Value Stocks -Breaking

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© Reuters. Take Advantage of the Market’s Dip and Buy These 5 Cheap Value Stocks

As news broke of the new COVID-19 version with multiple strains, global market indexes dropped sharply in late last week. We believe that the dip is a great opportunity to purchase quality stocks such as Takeda Pharmaceutical, Takeda (TAK), Albertsons, ACI, Lufax (LU), Univar (NYSE) and Univar. These companies have strong growth prospects. So, let’s examine these names.Last week, markets worldwide closed on a pessimistic note on news reports of a new COVID-19 variant with multiple strains. The variant B.1.1.529 was initially detected in South Africa, according to reports. According to the World Health Organization (WHO), this variant is a variant of concern (VOC).

Following Black Friday’s big sell-off, the U.S. stock market indexes bounced back yesterday after President Joe Biden said that economic lockdowns in response to the COVID-19 omicron variant are currently off the table. Today’s stock market futures plunge because Moderna CEO at, Inc.

In this down market, it might be wise to invest in quality stocks at a discounted price compared to peers. Five stocks, Takeda Pharmaceutical Company Limited, Dow Inc., (DOW), Albertsons Companies, Inc., (ACI), Lufax Holding Ltd. (LU) and Univar Solutions Inc., (UNVR), are all trading at a fair valuation with great growth potential. These stocks are worth investing in now, according to our opinion.

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