Predicted Best-Performing Value Stocks Through 2030
Prediction: These Could Be the Best-Performing Value Stocks Through 2030
These stocks could be cheap only for a season. Many investors have kicked value stocks to the curb in the new bull market. That's not surprising considering the jaw-dropping gains that several large-cap growth stocks have generated.
However, value stocks typically beat growth stocks over the long term. And some value stocks will be bigger winners than others. I predict that these could be the best-performing value stocks through 2030.
Alibaba Group
Alibaba's shares have plunged almost 60% below the highs set in late 2020. The beaten-down stock now trades at only 8.3 times forward earnings. That's indisputably value territory, in my book.
Enterprise Products Partners
Enterprise Products Partners' (NYSE: EPD) forward earnings multiple is below 10.6x. That's a bargain compared to the valuations for the S&P 500 and the energy sector as a whole.
Pfizer
Pfizer (NYSE: PFE) is in the same boat as Enterprise Products Partners in one sense. The drugmaker doesn't need to deliver big share price gains to generate market-beating total returns thanks to its dividend yield of more than 5.9%.
Before you buy stock in Pfizer, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Pfizer wasn’t one of them.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.