Published on 25 Oct 2022 on Insider Monkey via Yahoo Finance
10 Best Undervalued Dividend Stocks to Buy Now
In this article, we will discuss 10 best undervalued dividend stocks to buy now. You can skip our detailed analysis of value stocks and their performance in the past, and go directly to read 5 Best Undervalued Dividend Stocks to Buy Now.
In the current market environment, value and defensive stocks are catching investors’ eyes. This year’s returns are putting value investing in the spotlight as the MSCI World Value Index is down by 18.05% as of September 30, compared with a 32.2% decline of the MSCI World Growth Index.
John Davi, the founder of Astoria Portfolio Advisors, told CNBC in October that investors should focus on high-quality stocks. He said that investing in value stocks with PE ratios between 10 to 11 is safe for investors in the current market environment. Inflation and continuous interest rates hike bode well for value stocks as they provide long-term investment opportunities. JPMorgan cited the data by Fama and French, which showed that value stocks cumulatively outplayed growth stocks for prolonged periods from July 1927 to January 2022.