Updated: Here Are New Best Cheap Stocks to Buy Now According to Morningstar

Dec 29, 2023

Here Are New Best Cheap Stocks to Buy Now According to Morningstar

Again, despite the current surge in the S&P 500, there may be opportunities for investors looking to increase their equity exposure. This may cause you to reconsider investing in the best cheap stocks to buy now. A recent report from Morningstar highlighted the ten most undervalued wide-moat stocks, with the research firm assigning wide moats to companies they believe possess competitive advantages that will persist for at least two decades.

Among the prominent names on the list, Etsy stands out. The digital marketplace for artisanal goods has been undergoing a strategic effort to streamline its workforce, a move seen by Morningstar analyst Sean Dunlop as calculated and potentially beneficial as consumer spending is expected to recover by the second half of 2024.

International Flavors & Fragrances, a leading specialty ingredients producer, is also viewed favorably by Morningstar due to its extensive portfolio of value-added products used across a range of industries, from food and beverages to personal care and pharmaceuticals. Its primary sectors, including flavors, fragrances, and health and biosciences, have been identified as areas of growth.

Similarly, the pharmaceutical titan Pfizer was noted for its resilient foundation, built upon diverse drugs generating strong cash flows. Despite recent challenges, Morningstar analyst Damien Conover highlighted the company’s size as a significant advantage in developing new drugs.

On the tech side, Veeva Systems, a supplier of cloud-based software for the life sciences industry, was praised for its industry-specific solutions. The company’s vertical focus allows it to tailor its products to meet customer needs, providing a competitive edge.

The list also included Zimmer Biomet, a medical device company; Corteva, an agricultural chemicals maker; Teradyne, a testing equipment provider; RTX Corp., an aerospace parts maker; Estee Lauder, a beauty products company; and Campbell Soup, the food company. Each of these companies possesses an intrinsic value that, according to Morningstar, makes them promising investment options and being the best cheap stocks to buy now.

Subscribe Our Newsletter

5 Economists And Real Estate Pros Share What Will Happen To Mortgage Rates In 2022
5 Economists And Real Estate Pros Share What Will Happen To Mortgage Rates In 2022s

According to recent estimates from Fannie Mae, the National Association of Realtors, the Mortgage Brokers Association, and others, 30-year mortgage rates will certainly rise during 2022, though the exact rate is anyone's guess. Experts, on the other hand, have their theories.

Stocks
DXtrade Now Integrated in B2CORE Ecosystem

Alex

B2CORE Extends Supported Trading Platforms with DXtrade

B2CORE expands its supported trading platforms with a new DXtrade integration, giving brokers and traders more options and ultimately boosting user experience.

Companies
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Nato

Smart Ways to Earn Free Ethereum in 2024
Ethereum is a decentralized platform that powers not just its native currency, Ether (ETH), but also a wide range of applications. Launched in 2015 by Vitalik Buterin, Ethereum has quickly risen to prominence due to its versatile capabilities, extending beyond the basic functions of a digital currency.  Unlike Bitcoin, which focuses primarily on secure transactions, […]

discover
what is a bull flag

Constantine

What is a Bull Flag? How Does it Differ from a Bear Flag?

Learn what a bull flag is, what types exist, how to use them in trading practice, and what differences there are with bearish flag patterns.

Trading
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap

    Vitaliy

    Triangle Patterns in Trading: Mastering Ascending, Descending & Symmetrical Strategies for Maximum Profit

    Triangle Patterns in Trading: Ascending, Descending & Symmetrical Guide

    Alexander

    What Is COTI? Payments, Token & Price Prediction

    What is a COTI coin

    Constantine

    Best Copy Trading Software in 2025

    Best Copy Trading Software in 2025

    Alex

    What Is an AI Agent? The Future of Finance Explained

    AI Agent Explained

    Constantine

    How to Start a Liquidity Provider Business?

    How to Start a Liquidity Provider Business

    Constantine

    How to Start a White Label Brokerage?

    How to start a white label brokerage

    Constantine

    How to Start a Multi-Asset Brokerage?

    How to Start a Multi-Asset Brokerage

    Hazem

    Crypto Ransomware – How They Happen and How to Avoid Them

    Crypto ransomware explained

    Constantine

    Best Web3 Browsers in 2025

    Best Web3 Browsers

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.