These 3 Stocks Look Expensive but Are Actually Cheap
A stock's price -- or even its current valuation -- rarely tell the whole story regarding its ability to produce respectable returns on capital over the long-term. In fact, deep value can be tremendously difficult to quantify in many cases -- leading to some stocks being incorrectly viewed as expensive based on short-term valuation metrics.
Armed with this insight, we asked three of our investors which stocks with rich valuations they think might be attractive long-term buys. They suggested BioMarin Pharmaceutical (NASDAQ: BMRN), Activision Blizzard (NASDAQ: ATVI), and BlackRock (NYSE: BLK). Read on to find out more.
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Source: Fool.com
BioMarin Pharmaceutical Inc. Stock
€77.90
-0.990%
With 19 Buy predictions and not the single Sell prediction the community is currently very high on BioMarin Pharmaceutical Inc..
As a result the target price of 102 € shows a positive potential of 30.94% compared to the current price of 77.9 € for BioMarin Pharmaceutical Inc..
