10 Undervalued Stocks

10 Undervalued Stocks

Here’s the new list of Value Sense’s top underpriced analyst picks to buy for the third quarter of 2024.

10 Undervalued Stocks to Buy for Q3 2024

Based on intrinsic value, where we calculated DCF value and relative value, if you want to check how much stocks are undervalued and see the exact intrinsic value and fundamentals, visit Value Sense. There, you can also find curated watchlists of undervalued dividend stocks, growth stocks, and more.

Broadcom Inc. (AVGO)

Walmart Inc. (WMT)

Novo Nordisk A/S (NVO)

UnitedHealth Group Incorporated (UNH)

Johnson & Johnson (JNJ)

Oracle Corporation (ORCL)

The Home Depot, Inc. (HD)

AbbVie Inc. (ABBV)

AstraZeneca PLC (AZN)

Philip Morris International Inc. (PM)

How to Find Undervalued Stocks to Buy

Undervalued stocks are those trading below their intrinsic worth. To assess a stock's value, investors often use various metrics. Common methods include evaluating the price-to-earnings ratio or price-to-cash flow ratio. Others might consider a stock's price relative to future growth prospects or its position compared to the 52-week high.

At Value Sense, we define undervalued stocks as those trading below our calculated intrinsic value, which includes both Discounted Cash Flow (DCF) analysis and Relative Value.