After the recent correction of the S&P 500 index below 5,000, the markets have bounced back strongly. The overall view for the market is, therefore, positive, and it will be difficult to find value stocks as the broad markets continue to trend higher. However, for now, there are undervalued high-yield dividend stocks to buy that can deliver robust total returns in the next two years.
I have used the bottom-up approach to scan for undervalued dividend stocks. So, the focus is on quality names with strong fundamentals rather than ideas driven by industry tailwinds.
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