Tech Giants Alphabet, Amazon Primed for Growth; Berkshire, Energy Stocks Undervalued; Telecoms Offer Value
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Alphabet (GOOG) and Amazon (AMZN) still have upside potential in 2024 due to secular growth trends like cloud computing and digital advertising.
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Berkshire Hathaway (BRK.B) remains undervalued due to uncertainty around succession planning and the private equity portion of its portfolio.
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ExxonMobil (XOM) and Chevron (CVX) offer value with high dividend yields and narrow economic moats.
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Comcast (CMCSA) and Verizon (VZ) are significantly undervalued telecoms that offer high dividend yields.
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Small-cap and value stocks broadly remain undervalued compared to large-cap and growth stocks.