Wall Street Bullish on Stocks in 2024, Morningstar Highlights 10 Undervalued Buys
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Wall Street is bullish on stocks heading into 2024, expecting the market's rally to continue.
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Analysts recommend looking beyond market forecasts and instead focusing on high-quality, undervalued stocks.
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Morningstar identified 10 stocks to buy now based on predictable cash flows and strong management.
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The stocks span multiple sectors like restaurants, drug manufacturers, medical devices, and agriculture.
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Top picks include Yum China, Roche, Pfizer, Estee Lauder, and Zimmer Biomet, all trading below fair value.