Here are Morningstar's top 10 stock picks that are trading as much as 35% below fair market value.
2023 has barely begun, but the stock market is already off to the races.
But the ongoing market rally has revealed investors' newfound optimism around peaking inflation, China's reopening, and hopes for a dovish Federal Reserve pivot sometime this year.
Still, the question remains: is this finally the bull market rally investors have been waiting for, or is it doomed to eventually collapse?
The full list of 10 stocks is below, along with each firm's ticker, industry, market capitalization, and current price-to-fair value ratio.