All three major indexes started off this year with a bang. After a difficult 2022 and even a trip into bear territory, the indexes rose in January. And while that means many top stocks advanced also, it doesn't mean stocks have become expensive. Plenty of bargains are still out there -- even among stocks on the rise.

So it's not too late for you to go bargain shopping. High-growth stocks and slower but steady players both make great additions to your list. I've found five wildly undervalued stocks with fantastic long-term prospects that are cheap now -- and may have what it takes to deliver eye-popping gains over time.

Amazon (NASDAQ: AMZN) offered investors hope last month when it soared more than 20%. But its earnings report this week revealed that its troubles aren't over. Amazon reported its first annual loss in almost a decade. This isn't a big surprise, though.

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Source Fool.com