TD:CC - Going Beyond Morningstar's 10 Best Value Stocks List
2024-07-01 23:57:12 ET
Summary
- Morningstar published 10 Best Value Stocks to Buy for the Long Term, undervalued blue-chip stocks with low price to fair value.
- Valuation and future return of each stock analyzed, compared to the S&P 500, Bristol-Myers has the highest potential rate of return.
- In comparison to Morningstar's 10 Best Value Stocks with 10 Best Dividend Stocks, Bristol-Myers stands out as undervalued with a high potential return.
Morningstar's Best Value Stocks
On June 26, Morningstar published 10 Best Value Stocks to Buy for the Long Term 10 Best Value Stocks to Buy for the Long Term .
Morningstar noted:
Morningstar's 10 Best Value Stocks to Buy are listed below.
Morningstar
Morningstar gives a fair value estimate for each of the stocks. They have a price to fair value ranging from 53% to 85%. A list of the ratio of the stock's price on June 28 compared to Morningstar's fair value estimate, Morningstar Uncertainty Rating, Morningstar Capital Allocation rating and Industry is shown below. One of the 10 Best Value Stocks - Comcast ( CMCSA ) also appeared in Morningstar's 10 Best Dividend Stocks article published on May 6. It had the highest potential rate of return among those 10 dividend stocks per the analysis I performed and published on May 27 Going Beyond Morningstar's 10 Best Dividend Stocks List .
Attributes of Morningstar's 10 Best Value Stocks (Morningstar)
