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3 Massively Undervalued Dividend Stocks To Buy For High Total Returns

The last quarter has historically been good for equities. Potential reversal in monetary policy stance in 2024 is another impending catalyst for the market. Given these factors, it’s a good time to accumulate some undervalued dividend stocks.

In the first three quarters of the year, several dividend and growth stocks have surged. As a result, certain stocks are trading at stretched valuations even as the broader market looks attractive. Investors will look for value stocks, which possibly means names that trade at a valuation gap will be in the limelight.

These massively undervalued dividend stocks are poised for a strong rally in the next 12 to 15 months, potentially delivering 40% to 50% total returns.

This post appeared first on InvestorPlace.