A Gap Up, But at Resistance

As Western Alliance has dropped from the headlines, the company’s stock has begun to rebound. The stock received a bump after each earnings announcement by reporting the “business as usual”. As we will see, if Western Alliance can continue business as usual, the bank may be a fantastic investment opportunity.

Southern Company’s price target is neutral at $70. Expect the utility’s price volatility to peak at plus or minus 20% from this price target but not improving too far past this price point for the next few years.

Stock Market Commentary

Stock Market Commentary

Stock Market Commentary

Stock Market Commentary

Stock Market Commentary

Atkore is an intriguing stock to analyze. It is well liked by institutional investors and value investors due to its high return on equity and consistent earnings growth.

Stock Market Commentary

Stock Market Commentary

AEP is overvalued when above $98 and undervalued at $79. At its current price of around $74, the company is likely to be undervalued with an estimated two-year return of 21%.

JPM is a buy as of Q3 2023. The estimated 2-year return from the recent price is 21.8%. The stock is estimated to be undervalued at $130 and overvalued at $190.

Stock Market Commentary

Value investing is a strategy that looks to determine if the market has undervalued a stock, and there are many metrics that can help you discover these opportunities. There are two key categories of metrics that are used in value investing.

Stock Market Commentary

On a typical trading day, value investors should own 30 to 50 stocks if the market is not overheated or undervalued. However, value investors never have a quota on the number of stocks they must own.

Value investing and growth investing both look at the company fundamentals to determine if the company should be bought. This is in contrast with momentum investing and technical analysis, which are indifferent to the underlying asset.

The greatest value investors used to scan the morning newspaper for interesting stocks to do more research on. Nowadays, value investors have a multitude of websites, videos, and groups they can rely on for new potential stocks to buy at a bargain.

A value investing strategy may be utilized to create high returns for low risk. However, the risk with value investing fluctuates depending on the individual investor and their implementation of the strategy.