Market volatility in 2023 has made some equities overvalued and other undervalued. Investors have fled some sectors and industries because their results are sensitive to inflation and rapidly rising interest rates. They also fear a recession. However, despite predictions to the contrary, a recession has yet to occur.
As a result, some equities are mispriced. They are undervalued and at decade-high yields. Economic and geopolitical risks may result in further market volatility. Also, some stocks have their own difficulties. The bottom line is that higher yields may signify greater risk but may also present opportunity. Here are three high-yield, long-term income stocks that may generate decent total returns.
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