2023-07-11 08:51:08 ET
The S&P 500 and the Nasdaq Composite have rebounded by double-digit percentages this year, but not all the stocks in those indexes have seen the same level of return. There are still bargains to be found. Buying stocks below what they are intrinsically worth can sometimes lead to better returns than buying the latest hot stocks on Wall Street.
Two top consumer brands worth considering right now are Walt Disney (NYSE: DIS) and Sonos (NASDAQ: SONO) . These companies serve burgeoning opportunities in entertainment and home audio. Here's why these two stocks are substantially undervalued.
Share prices of Disney have fallen sharply and are underperforming the market's recovery this year, but Disney's entertainment properties are worth a lot more than what's implied in the company's current stock price.
For further details see:
2 Bargain Stocks That Are Worth Buying for the Long Term