Morningstar spots 33 undervalued stocks to buy after recent market sell-off

Recent market sell-off has brought down stock prices and made some companies look undervalued.

Morningstar analysts identified 33 stocks that look particularly cheap after the downturn.

Growth stocks were hit hardest in the sell-off after big run-ups this year.

Sectors tied to interest rates like utilities and real estate look attractive now.

Morningstar strategist thinks Fed may start cutting rates next year, contrary to expectations.