3 Rebounding Undervalued Stocks to Buy Before They Soar
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These stocks have broken through key inflection points, and could continue higher from hereWhile the broader indexes have rallied to new heights this year, propelled largely by the momentum in tech stocks, many companies have seen their valuations plummet as macroeconomic conditions have deteriorated. It’s been a tale of two markets, with the haves soaring and the have-nots languishing in the doldrums.However, I believe we’re on the cusp of a new chapter in the market’s story. As the economic cycle shifts gears, certain undervalued stocks that have been beaten down are starting to show signs of life. The outlook for these rebounding plays is beginning to brighten, and I think it’s wise to start digging through the bargain bin before these undervalued stocks potentially soar. Let’s take a look!Verizon Communications (VZ)Source: Jonathan Weiss / Shutterstock.comVerizon Communications (NYSE:VZ) is a leading telecommunications company providing wireless and broadband services to millions o...