3 valuable stocks to watch in November 2022

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Value stocks are a type of stock that tends to be undervalued by the market. Either way, value investors believe that these stocks are worth more than the current market price and therefore buy them in the hope of realizing capital gains. Value stocks tend to be in companies with strong fundamentals but which are currently unpopular with investors.

For example, a business may be going through a period of transition or experiencing short-term setbacks. However, value investors believe the company has long-term potential and its stock price will eventually rebound. Value stocks can be an attractive investment for patient investors who are willing to wait for the market to recognize the true value of the company. With that in mind, let’s take a look at three trending value stocks to watch in the stock Exchange at present.

Value stocks to invest in [Or Avoid] Currently

1. Pfizer (PFE stock)

To start, let’s look Pfizer Inc. (EFP). Pfizer is one of the largest pharmaceutical companies in the world, with operations in over 150 countries. Pfizer’s products include many well-known prescription drugs, such as Viagra and Celebrex, as well as over-the-counter medications, such as Advil and Caltrate. Pfizer also manufactures animal health products and consumer health products, such as ChapStick and Preparation H.

PFE Recent Stock Market News

Earlier this month, Pfizer reported better-than-expected third-quarter 2022 financial results. In the report, Pfizer announced earnings for the third quarter of 2022 of $1.78 per share, with revenue of $22.6 billion. This is compared to analysts’ consensus earnings estimate of $1.47 per share, as well as revenue estimates of $25.4 billion.

Additionally, the company said its 2022 earnings forecast is between $6.40 and $6.50 per share and its revenue is between $99.50 billion and $102 billion.

Dr. Albert Bourla, Chairman and CEO, said: “I continue to be proud of our colleagues’ excellence, ingenuity and unwavering commitment to bringing breakthroughs to patients. Over the next 18 months, we expect to have up to 19 new products or indications on the market, including the five for which we already began co-promotion or commercialization earlier this year.

PFE Stock Chart

In the last month of trading action, PFE shares rebounded 13.41%. As of Tuesday’s close, Pfizer stock ended the day up a slight 0.55% at $47.35 per share.

Source: TD Ameritrade Terms of Use

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2. Global Payments (GPN Shares)

Next, Global Payments Inc. (GPN) is an electronic transaction processing service provider. The company offers a wide range of solutions that enable businesses to accept credit, debit and other forms of payment. Global Payments Inc also provides data security and fraud prevention solutions to help businesses protect against fraud and data breaches.

Recent GPN Stock News

Late last month, Global Payments released its Q3 2022 financial results. In them, Global Payments posted Q3 2022 earnings of $2.46 per share and revenue of $2.3 billion. of dollars. Meanwhile, the consensus estimate for earnings on Wall Street was $2.47 a share and revenue of $2.1 billion. Additionally, the company recorded a 3.8% increase in revenue compared to the same period of the previous year.

Jeff Sloan, CEO of GPN, commented:We delivered record results in the third quarter, in line with our elevated cycle guidance (at constant currencies and excluding disposals), underscoring the resilience of our business model and our continued track record of executing through market cycles .

GPN Stock Chart

Over the past month of trading, GPN stock is down 8.94%. At the close of trading on Tuesday, shares of Global Payments closed the day green 0.81% at $99.94 per share.

GPN Stock Chart
Source: TD Ameritrade Terms of Use

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3. Comcast (CMCSA stock)

Lately, Comcast Company (CMCSA) is an American telecommunications conglomerate that is the world’s largest radio and cable television company by revenue. Additionally, Comcast provides a variety of services, including high-speed Internet, telephone, and digital television.

CMCSA Recent Stock Market News

In late October, Comcast announced a beating for its third quarter 2022 results. Specifically, the company reported earnings of $0.96 per share in the third quarter of 2022, with revenue of $29.8 billion. . Meanwhile, street consensus estimates for Q3 2022 were earnings of $0.89 per share and revenue of $30.1 billion.

Brian L. Roberts, Chairman and CEO of Comcast, said:I am proud of the company and our strong financial results this quarter. We delivered solid growth in Adjusted EBITDA and Adjusted EPS, generated strong free cash flow, invested in the future of our businesses and returned a record amount of capital to our shareholders. This performance is a testament to our consistent strategic focus on innovation and our team’s ability to perform at the highest level in any environment.

CMCSA Stock Chart

Over the past month of trading, Comcast shares have recovered 9.51%. Also, on Tuesday, CMCSA stock is trading at $31.90 per share.

Stock CMCSA
Source: TD Ameritrade Terms of Use

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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