The stock market began 2023 with a shaky start, but has since enjoyed a strong rally.
It's been full speed ahead lately for stocks, as the ongoing market rally remains alive.
On the whole, things certainly look promising — but beneath the surface it's clear that the stock market rally has been primarily driven by one sector: technology.
10 most undervalued high-quality stocksFaced with a looming economic downturn, pivoting towards high-quality stocks could help provide investors with the wherewithal to withstand an impending squeeze.
In a note from June 27, Morningstar identified the 10 most undervalued high-quality stocks with lasting competitive advantages that make them attractive to long-term investors.
Persons:
Morningstar, It's, Dave Sekera, Sekera