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Looking for Value? Consider Buying These 5 Cheap Stocks Now -Breaking

by Mike Robinson

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© Reuters. Are you looking for value? Look for Value? Consider These Five Cheap Stocks.

Inflation and surging COVID-19 could put pressure on the stock market in the short term. Analysts anticipate a possible market correction beginning next year. This is why it might be a good idea to place your bets on mid-cap stocks Penske Automotive and AutoNation, KT (NYSE ) and Mazda Motor (OTC :). The stocks will outperform the wider market. Market volatility has increased this week due to rising inflation and increasing concerns about the spread of the Omicron Coronavirus variant. However, Biden’s announcement about the imminent authorization of at-home COVID-19 rapid tests enabled major benchmark indexes to recover from the lows. Investors and analysts expect significant market corrections to occur in early 2019 due to the threat of economic recovery.

Investors are increasingly interested in value stocks because they can help to mitigate market volatility. Investor optimism in this space is evident from the Vanguard Value ETF’s (VTV) 1.2% gains over the past month versus the SPDR S&P 500 Trust ETF’s (SPY) negative returns.

It could make sense to invest in fundamentally sound undervalued stocks Penske Automotive Group, Inc., AutoNation, Inc., KT Corporation, KT, Mazda Motor Corporation, (MZDAY), Hillenbrand, Inc., (HI), now. These mid-cap stocks have huge upside potential.

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