Stock Market Hits Record High, But AbbVie and Comcast Remain Attractive Bargains

Reported about 18 hours ago

Despite the S&P 500 reaching record heights above 6,000 and an average stock trading at over 25 times earnings, AbbVie and Comcast stand out as undervalued opportunities. AbbVie is facing some challenges but has shown stable revenue growth and promising future prospects, selling at a low forward P/E ratio of 14. Comcast, with a recent modest decline, is anticipated to benefit from the upcoming opening of Universal's Epic Universe theme park and is also trading at an appealing forward P/E of 10, making both stocks attractive for long-term investments.

Source: YAHOO

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