Billionaires Are Buying These 3 Undervalued Stocks. Should You?

From NASDAQ: 2024-06-09 05:44:00

Warren Buffett, Sam Walton, and Azim Premji are examples of billionaires who prefer value investing over lavish spending. Billionaires like David Tepper and Ken Griffin are buying undervalued stocks like Alibaba Group Holding. Alibaba’s low valuation and forward earnings multiple make it an attractive pick for investors. PayPal Holdings and Verizon Communications are also catching the eyes of billionaire investors.

Investors looking for undervalued stocks can consider Alibaba, PayPal, and Verizon. While Alibaba has a low forward earnings multiple, PayPal’s stock is down significantly from its peak. Verizon, with a high forward dividend yield, may appeal more to income investors. Each stock has its own unique investment value proposition. If you are considering investing in Alibaba Group Holding, take into account the opinion of the Motley Fool Stock Advisor analyst team. Their top 10 stock picks may offer greater potential returns than Alibaba.

Keith Speights holds positions in PayPal and Verizon Communications, while the Motley Fool has positions in PayPal and Walmart. Recommendations include short June 2024 $67.50 calls on PayPal and positions in Alibaba Group and Verizon Communications. Remember, these opinions are of the author and not necessarily of Nasdaq, Inc.



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