NASDAQ:FONR - Nasdaq - US3444374058 - Common Stock - Currency: USD
While the best discounts may have faded in the spring of 2020, there are still bargain stocks to buy for adventurous investors.
What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
With the rapid rollout of COVID-19 vaccines, the economy is now in a rebuilding phase. A solid start to the third-quarter earnings season, a fall in initial jobless claims, and a low-interest-rate environment should translate to bullish market sentiment in the near term. So, we think quality stocks Ultralife (ULBI), FONAR (FONR), and Good Times (GTIM), which look undervalued at their current price levels, could be solid bets now. Let’s discuss.