That it was one of the best indicators of the 2022 bear market is a fact, but this important growth, on the other hand, has brought many stocks to high valuations.
The question we must ask ourselves is: are there still good fundamentals discounted stocks that we can still put a valuation cap on?
We can get the answer using Filter / Screen At InvestingPro.
In fact, there are currently 4 stocks that have a financial condition rating above 3/5, and a potential discount of more than 20% to fair value.
Below is the list of titles.
As we can see, the two stocks on the list are PDD Holdings and Adobe ( NASDAQ: ), which represent about 20/22% upside potential from current values. The former with an “excellent” global health label, the latter with good health status.
Analysts are also in line with all 4 stocks and set fair values ​​20-30% higher for each stock.
Some of them have not fully recovered from the recent bull market, while others are in the process of rebuilding or recovering from a recent difficult situation.
If you already have an InvestingPro+ subscription service, you can find the full list by applying the following filters:
Staying on the topic of stocks best positioned to take advantage of the potential next phase of the AI ​​rally, which will no doubt be very different from the first, the strategy Tech giants Powered by AI, ProPicks InvestingPro has proven its relevance under real-world conditions for over 8 months with an overall performance of 65.9% since October 2013.
No less than 8 shares of the portfolio recorded a double-digit profit in May.
- Full Inc: +56.39%
- Vistra Energy Corp: +37.08%
- Marathon Digital (NASDAQ:) (NASDAQ:MARA:+24.70%
- Applovin Corp. + 18.30%
- NVIDIA: +33.07%
- NAPCO Security Technologies: +28.88%
- Louisiana-Pacific Corporation: +24.88%
- Wayfair Inc. + 17%
Over the very long term, backtesting shows nearly 1800% performance since January 2013.
The Giganti Tech strategy is offered together with 5 other thematic portfolios, which also have attractive annual returns:
- Beat S&P 500 +23.9%
- Dominate: +19
- Best Value: +22.9%
- Best Mid Caps: +18.5%
- Warren Buffett’s best: +15.7%
Click here to take advantage of a special discount for a 1-year Pro subscription (reduced to €8.1 per month).
Or click here to sign up for a two-year subscription at an even more attractive price of €7.6 per month (that’s less than €2 per week).
