Value investing is a concept and strategy that has resulted in significant market success for some investors. Value investors typically buy undervalued stocks while they are still cheap. These stocks are then held until a profit can be realized. With concerns about COVID-19 subsiding, investors are regaining confidence in the market and Treasury yields. According to JPMorgan analysts, the S&P 500 value index may also “breakout” in the near future. As growth expectations for the US economy become more optimistic, the shift in investor sentiment toward value stocks becomes more apparent.
Insider Monkey takes a look at the 10 best undervalued dividend stocks to buy now. Summit Industrial Income REIT has increased by 59.65% over the last six months and 65.55 percent year to date. Revenues totaled $42.83 million, an increase of 18.1 percent year over year. Macy’s, Inc. has increased 40% in the last six months and 99.55 percent year to date. Under the names Macy’s, Bloomingdale’s, and bluemercury, the company operates a variety of stores, websites, and mobile applications. Principal Financial Group, Inc. is a financial services company focused on retirement, asset management, and insurance. The company is ranked eighth on our list of the best dividend stocks to buy right now. AltaGas Ltd. is ranked number seven on our list of the best dividend stocks to buy right now. Revenue was $1.58 billion, up 89.6 percent year over year and exceeding analysts’ expectations by $807 million. Mercury General Corporation, a financial services company, writes personal automobile insurance in the US alongside writing homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance. The company ranks 6th on the list of the best undervalued dividend stocks to buy now. In the second quarter of 2021, Mercury General Corporation had an EPS of $1.13, beating estimates by $0.03. The company’s revenue was $957.34 million, up 16.90% year over year and beating estimates by $134.34 million. Mercury General Corporation has gained 14.51% year to date and 29.75% in the past year. For more details, click 10 Best Undervalued Dividend Stocks To Buy Now.
