It isn't over yet, but 2023 has given Wall Street a lot more to be excited about than 2022 did. Signs of a soft landing for the U.S. economy have pushed the S&P 500 index up nearly 20% this year.

The benchmark index is up sharply this year, but we aren't in bull market territory yet. To make that distinction, the S&P 500 needs to rise about 5% higher.

The major market indexes are up, but not every growth stock has followed suit. This means there are still some terrific, albeit under-the-radar, businesses out there with share prices that undervalue their assets by a mile.

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Source Fool.com