​​Undervalued Stocks for Second Quarter 2022. Part 3. Top Cons | Market Ranger

​​Undervalued Stocks for Second Quarter 2022.
Part 3. Top Consumer Cyclical Stocks.

Consumer cyclical stocks struggled in the first quarter, lagging the broader market by 6 full percentage points. As such, the median consumer stock trades at a discount to our fair value estimate, with more than half of the names we cover trading in 4- and 5-star range, points out director Erin Lash. Travel and leisure stocks remain among the most significantly undervalued. While a volatile global political environment and rising prices may disrupt the travel industry’s recovery short-term, we forecast a full recovery in the travel industry to prepandemic levels by 2023, she notes.

The pandemic’s impact on retailers may be longer-lived. “We believe retailers will need to continue to optimize e-commerce platforms to avoid losing sales in a quickly shifting marketplace and remain engaged with consumer trends,” concludes Lash.

*Source: Morningstar
** The provided information should serve as a research purpose only.

Earn money and share Market Ranger  with your friends!

Want to know how to earn on a stock market? Get access to our trades Take Profit channel │ Big Short chanel