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3 undervalued stocks up to 25% with growth potential

David Boulder
7. 3. 2024
4 min read

A number of interesting investment opportunities are emerging in 2024, with three companies standing out for their potential and performance. These companies are attracting investors with their low multiples of future earnings estimates and steady growth, making them attractive investment opportunities in the aerospace, automotive and energy sectors.

Investors are now focusing on the long-term potential of these three companies and are monitoring their progress with an eye on further growth and performance. Their strategic decisions and ability to adapt to changing market conditions increase investor confidence and enhance the attractiveness of these companies. Following the development of these companies thus becomes crucial for investors who want to exploit the potential of these opportunities.

United Airlines $UAL+0.1%

After a challenging pandemic period, United Airlines is beginning to recover and a return to growth is evident. Since the pre-pandemic peak ,$UAL'+0.1%s share price has declined by nearly 50%, which may be an investment opportunity that is attracting many investors. Since the beginning of 2024, the company's stock has seen a 10% increase, indicating positive sentiment around the company and optimism in the sector. Analysts expect the company to continue to rebuild its position, which may be supported bystrong bookings and an expected increase in traveldemand in the U.S. and abroad.

UAL
$51.38 -$0.04 -0.08%
Fair Price: $03.14
Pbbdrq: 6.49%
Undervalued
Overvalued
Dostupné pouze členům Bulios Black

In the fourth quarter of 2023 United Airlines surprisingly outperformed expectations. The company reported earnings per share of $1.8 and an increase in revenue to $13.6 billion, a 10% increase from the previous period. These results exceeded the expectations of analysts who were expecting lower profits and sales. These positive 2023 numbers suggest that United Airlines is on track to restore its growth and profitability.

UAL
$51.38 -$0.04 -0.08%
Target Price
57.12 (+11.17% Upside)

Although recent problems with aircraft shutdown Boeing 737 MAX may cause some problems, United Airlines expects full-year 2024 earnings to be in the range of $9 to $11 per share. This courage and confidence in the face of potential challenges shows that the company is firmly committed to continuing to the path to success and offer attractive investment opportunities for long-term investors.

General Motors $GM-0.2%

General Motors is in an exciting growth phase with an attractive multiple on future earnings estimates. The automaker's stock is trading only five times of future earnings estimates, presenting an attractive opportunity for investors. With the price a share price of around $40 it's a relatively affordable investment that attracts many investors. Since the company has entered into a new agreement with the unions last year, investor confidence in the company's potential has grown.

GM
$42.37 -$0.07 -0.16%
Fair Price: $43.38
Ayniml: 44.31%
Undervalued
Overvalued
Dostupné pouze členům Bulios Black

For the next year, the General Motors is expected to grow strongly. The company recently issued forecasts that project earnings per share in the range of$8.5 to $9.5 and free cash flow of $8 billion to $10 billion in 2024. If this is what the results look like for 2024, it would represent significant growth over previous results and would indicate a stable outlook for the company. In addition, the company is emphasizing its commitment to the development of electric vehicles, which may further strengthen its position and bring further growth in the future.

GM
$42.37 -$0.07 -0.16%
Target Price
62.33 (+47.11% Upside)

Shares of $GM-0.2% also offer an attractive dividend yield of 1.2% and steady growth in value. With these attractive metrics and ambitious plans for the future, General Motors may be one of the most interesting investment opportunities. Investors who choose to enter this company can expect a nice appreciation of their investment in the coming years.

Chevron $CVX+1.5%

Chevron represents a stable investment opportunity in a dynamic environment oil industry. The company's shares are trading with 13 times of future earnings estimates, suggesting the stock is undervalued. Despite the recent problems associated with the company's acquisition of Hess Corp.Chevron still holds up as a strong player.

CVX

Chevron

CVX
$160.00 $2.43 +1.54%
Fair Price: $539.62
Tcjwnvnw: 7.18%
Undervalued
Overvalued
Dostupné pouze členům Bulios Black

Given the dividend yield of4.3% and the stock's low valuation compared to a market capitalization of nearly $300 billion, it is Chevron an attractive option for investors seeking stable income and potential capital growth. Moreover, with the stock trading 12%below its 52-week high, there is room for share priceappreciation in the coming period.

CVX

Chevron

CVX
$160.00 $2.43 +1.54%
Target Price
173.67 (+8.54% Upside)

Recent reports of problems with acquisition of at Hess Corp. may have caused a slight decline in Chevron's stock, but for investors, it may represent an interesting buying opportunity. With a clear strategy and solid fundamentals, Chevron is expected to continue to deliver steady returns and value to its shareholders in the long term.

Disclaimer: There is a lot of inspiration to be found on Bulios, but stock selection and portfolio construction is up to you, so always conduct a thorough analysis of your own.

Source.


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