Reported 29 days ago
As the S&P 500 approaches record highs, August presents a prime opportunity for long-term investors with $1,000 to allocate. Analysts suggest considering Alibaba (BABA), Lululemon (LULU), and VF Corp (VFC) as potential buys due to their favorable valuations and growth potential. Alibaba is showing recovery signs spurred by demand for cloud services and e-commerce growth, while Lululemon is viewed as undervalued despite its challenges, offering a potential rebound opportunity. Meanwhile, VF Corp indicates signs of a turnaround and is trading at a low price-to-sales ratio, making it an attractive target for investors looking for undervalued stocks.
Source: YAHOO