NEM News: 3 Overly Undervalued Blue-Chip Stocks With Robust Yields - 12th Jun 2024, 4:58am

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If growth stocks trigger an adrenalin rush, blue-chip stocks ensure calm. These stocks are a portfolio’s fortress, guarding against extreme volatility and capital erosion. Therefore, if I find undervalued blue-chip stocks, I would not hesitate to consider exposure.

There can be temporary industry or company-specific headwinds that depress valuations for blue-chip companies. However, it’s unlikely that high-quality companies will trade at a valuation gap for an extended period. Conside...

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