3 undervalued stocks with significant growth potential
Despite rising stock market prices and investor concerns about high valuations, there are still companies that offer significant growth potential at an attractive price. At a time when indices like the S&P 500 are reaching record highs, it is important to focus on stocks that can deliver above-average returns over the long term.
In this article, we'll look at three undervalued stocks that analysts believe have significant room to grow and could be an interesting choice for investors.
Alibaba: The giant from China that is growing again
Alibaba $BABA, the largest e-commerce and cloud company in China, has experienced some tough times in recent years. Regulatory crackdowns by the Chinese government, fierce competition, and the economic slowdown caused by the pandemic have negatively impacted its growth. Antitrust fines and restrictions imposed by the Chinese government in 2021 have hit its dominant market position.
However, the situation is gradually stabilising. Alibaba has started to focus…