3 Wildly Undervalued Stocks to Buy for 2022
Paint and coatings company Axalta Coating Systems (NYSE: AXTA), electrical products company nVent Electric (NYSE: NVT), and specialty chemicals distributor Univar Solutions (NYSE: UNVR) aren't exactly household names, but that doesn't mean they can't be great investments. On the contrary, all three are attractively priced on commonly used metrics, and they have strong growth prospects in the coming years. Here's why.
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First, the valuations on all three stocks are favorable. As a rough rule of thumb, an enterprise value (market cap plus net debt) or EV, to earnings before interest, taxation, depreciation, and amortization, or EBITDA, of around 11 times EBITDA is a decent value for a mature business growing at least in line with overall economic growth.
Source Fool.com
