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3 Global Value Stocks to Buy Now

TheMotleyFool

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With the average stock on the S&P 500 trading at lofty levels of 42.7 times earnings (P/E), it's becoming harder and harder to find high-quality stocks trading for fair prices. One surprising area to look for them is the realm of American Depository Receipts (ADRs), or companies that do their principal business outside of the country, but trade on a U.S. exchange.

Three firms that are among the top of this category are Sify Technologies (NASDAQ: SIFY), ContextLogic (NASDAQ: WISH), and 111 Inc. (NASDAQ: YI). Let's look at why now's the time to go long on the India data center company, the discount e-commerce firm in Europe, and the leading telepharmacy giant in China.

Image source: Getty Images.

Source Fool.com

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