
It's not as simple as it may seem to determine whether a stock is overvalued or undervalued. There are lots of different metrics you might assess to make your determination, and some may give you different results. Much can depend on variables such as investing time frames, too: A stock may be deemed overvalued if you only plan to hold it for a few months or a year, but undervalued if you plan to hang on for many years.
Here's another twist: If you look up investor opinions on any given stock, such as those among The Motley Fool articles, you'll often find conflicting views. One writer might see a given stock as a strong buy, while another might be advising investors to steer clear. Reading their arguments, you may even find both convincing. Valuing a stock is partly a subjective endeavor, as much depends on your assumptions and estimates.
It's generally a good idea to focus your dollars on your best investing ideas -- and on stocks that seem undervalued to you. Here are 15 companies whose stocks seem to have gotten ahead of themselves, at least for those who aren't investing with a long holding period in mind.
5 Winning Stocks Under $49
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