Cheap stocks could be a smart investment opportunity, as economists predict further rate cuts in 2025, providing a chance to purchase undervalued assets in sectors like medical, semiconductor, and energy at a discount. Stocks in growing industries, especially those priced lower, may offer substantial upside potential as these companies expand.
Therefore, investors might want to consider the following three fundamentally strong, cheap stocks, which have high analyst price targets for 2024. Let’s assess the fundamentals of the abovementioned cheap stocks.
This post originally appeared at StockNews.com.