Employing contrarian investing tactics is exceptionally difficult. Evolutionarily speaking, we are inclined to follow the majority and not stray from the pack. However, in investing, it can be extraordinarily lucrative to deviate from the consensus. The consensus view of Bed Bath & Beyond (NASDAQ:BBBY) is that the company faces several headwinds that will stagnate growth and cause the stock price to languish. Nonetheless, the market is overly discounting shares of BBBY and is providing an undervalued opportunity.
“Be fearful when others are greedy and greedy when others are fearful.” – Warren Buffett
Best Undervalued Stocks To Own Right Now: Microsoft Corporation(MSFT)
- [By Yasin Ebrahim]
The push into the cloud services market has proved a revelation for a number of companies such as Microsoft (NSDQ:MSFT), International Business Machines (NYSE:IBM), Amazon (NSDQ:AMZN)etc. as the global public cloud services market is expected to be worth nearly $300+ billion over the nextfewyears. So it comes as no surprise that Alibaba (NYSE: BABA)is making huge strides to expand its cloud offering beyond China after reporting rapid growth in cloud computing during its Q3 earnings report. Here’s why BABA stock may be set for rapid growth ahead.
- [By Sreekanth Anasa]
It looks like Qualcomm may give Intel for a run for its money in the PC-Tablet market as well. A recent Wccftech postreports that “Qualcomms Snapdragon processors might make it on Windows 10 PCs claims Chinese supply chain. Sources report that manufacturers have already started on Windows 10 PCs. These will become available in the second half of this year. The report goes on to further suggest that testing on the Snapdragon 820 for Windows 10 with 4GB RAM is able to run Edge, HD video, directional filters and background multi-tasking.” We all know Qualcomm had a tie up recently with Microsoft (NASDAQ:MSFT) to develop Windows 10 based PCs on ARM chips. Though the above reports are speculations but the things seem to be in line with Qualcomm’s plans for diversification with sluggish smartphone sales worldwide.
- [By Yasin Ebrahim]
The tech giant recently announced a $40 billion stock buyback as well as 2.7% dividend hike and having already captured LinkedIn earlier during the year, Microsoft could use its $100 billion cash pile to target further acquisitions in order drive further growth in its key growth markets, as economic growth and cheap credit are usually the perfect cocktail for M&A activity. (Also read: Can A Rejuvenated Microsoft Corporation (MSFT) Take On Apple?)
Best Undervalued Stocks To Own Right Now: China Automotive Systems, Inc.(CAAS)
- [By Monica Gerson]
China Automotive Systems, Inc. (NASDAQ: CAAS) is projected to post its quarterly earnings at $0.20 per share on revenue of $108.22 million.
Affimed NV (NASDAQ: AFMD) is projected to post a quarterly loss at $0.18 per share on revenue of $1.71 million.
Best Undervalued Stocks To Own Right Now: Sally Beauty Holdings, Inc.(SBH)
- [By Paul Ausick]
Sally Beauty Holdings Inc. (NYSE: SBH) posted a new 52-week low of $20.22 on Friday, down 0.3% compared with Thursday’s closing price of $20.28. The stock’s 52-week high is $32.93. Volume was more than triple the daily average of around 2 million shares. The company had no specific news Friday.