2 Wildly Undervalued Stocks to Buy for 2023
The stock market's performance in 2022 was awful all around. While the initial plunge in early 2022 was led by speculative growth stocks, few areas of the stock market have been spared.
With that in mind, there are some excellent opportunities for long-term investors to pick up shares of value stocks at extremely attractive valuations. Here are two in particular that look like compelling buys right now.
Bank of America (NYSE: BAC) has underperformed the overall stock market in the recent downturn, with shares 35% below their 52-week high. And there are some legitimate reasons. Most significantly, there's a possible recession looming, which can cause loan delinquencies to spike higher and can cause demand for new loans to collapse.
Source Fool.com
