Summary
- Lincoln shares jumped more than 30% year-to-date as the economy reopens.
- PulteGroup has seen rapid growth as the mortgage rates fell to a record low during the pandemic.
- NRG Inc. serves some three million retail customers in Texas as business continues to flourish.
Although finding a perfect stock may be a tricky affair, given the multitude of stocks available in the market, the best way is to look for those that are trading lower than their intrinsic value.
As the name suggests, these stocks tend to trade lower than their value, and as such, the expenses won’t burn a hole in your pocket.
Here are five best value stocks that you may like to add to your portfolio.
Viatris Inc. (NASDAQ:VTRS)
This Pennsylvania-headquartered global healthcare company can be the best bet for investors looking for long-term growth. It was created in late 2020 with the merger of Mylan and Upjohn, a former drug division of Pfizer.
The stock has seen sharp fluctuations this year due to investor’s uncertainty surrounding the merger; however, it can be an asset in the long term and best value for money.
The stock was trading at US$13.29 apiece at the close on Friday, April 30.
Pic Credit: Pixabay.
Lincoln National Corp. (NYSE:LNC)
Lincoln is an American insurance company headquartered in Radnor, Pennsylvania. After a difficult year in 2020, Lincoln’s prospects are looking up as the economy starts to reopen.
Founded in 1905, it is one of the oldest insurance companies and sells its products in the US and the UK. It also runs around 15 radio stations after the acquisition of Jefferson-Pilot Financial.
The stock was trading at US$64.13 per share at the close on Friday, April 30. Its value jumped more than 30% year-to-date. Still, Lincoln may prove the best value for money.
Also Read: Guess Why Tesla Stock (NASDAQ-TSLA) Is Trending Today?
NRG Energy Inc. (NYSE:NRG)
NRG Inc. is one of the leading energy companies headquartered in Houston, Texas. It serves some three million retail customers in the state alone. It generates power from nuclear, coal, gas, and oil.
The stock appears attractive now as the company is still trying to recover from the impact of the winter storm that hit a vast swath of the US this year. The stock gained around 11% in the last six months.
It was trading at US$35.82 at the market close on Friday, April 30.
Pic Credit: Pixabay.
PulteGroup Inc. (NYSE:PHM)
It is one of the leading home construction companies, headquartered in Atlanta, Georgia.
PulteGroup has seen rapid growth over the past year as the mortgage rates fell to a record low during the pandemic. Many Americans had utilized the period building homes and construction companies like PulteGroup have been one of the biggest beneficiaries as home orders grew.
The company operates in 23 US states.
The stock soared more than 40% in value year-to-date. Still, it may be the best value for money, given its growth potential. It was trading at US$59.12 apiece at the market close on Friday, April 30.
Also Read: Looking for Passive Income? Here’s 10 Best Dividend Stocks For 2021
Sify Technologies Ltd. (NASDAQ:SIFY)
Sify provides corporate network services in India and other parts of the globe. It is one of the fifth largest internet providers in India. It also runs the Sify.com site, ranked among the 10 sites in India in terms of traffic. Its US subsidiary is called the Sify Technologies North America Corporation.
The stock has huge growth potential given its extensive experience in the technology sector. It has more than doubled its value year-to-date. The stock was trading at US2.80 at the market close on Friday. April 30.
Note: The above constitutes a preliminary view and any interest in stocks should be evaluated further from an investment point of view.