The stock market is off to a poor start in 2024, but 48 high performing and undervalued stocks have

Mondo Finance Updated on 2024-03-03

With a poor start to 2024**, many investors may be feeling anxious and confused. However, in such a market environment, 48 companies with both high performance and low valuation characteristics have been "wrongly killed". Not only did these companies deliver positive results, but their price-to-earnings ratios were below the industry average, but they have underperformed since January**.

These "wrongly killed" companies are distributed in a variety of industries, including manufacturing industries such as automobiles, electronics, machinery and equipment, as well as social services, light industry manufacturing and other industries. Among them, companies such as CTI, Edifier, and Hangzhou Tooth Advance all fell by more than 15%, while the net profit of companies such as Qifeng New Materials increased by more than 29 times.

Despite the strong performance of these companies, their share prices have not performed as well as they should due to a variety of factors such as the market environment and investor sentiment. However, for long-term investors, such a "wrong-killing" opportunity may be just what they need.

Among these companies that have been "wrongly killed", there are also some companies that have maintained net profit growth for many years, such as soft control shares, Jingsheng electromechanical, silane technology, etc. The compound growth rate of net profit of these companies has exceeded 10%, and some have even exceeded 100%, showing their strong profitability and good development prospects.

Therefore, for investors, in such a market environment, it may be possible to find high-quality targets with long-term investment value by digging deep into these high-performing and low-valued stocks that have been "mistakenly killed". Of course, there are always risks involved in investing, and investors need to make reasonable investment decisions based on their own risk tolerance and investment goals.

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