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[ Tue, May 13th ]: Forbes
CDW Stock Isn't A Buy Yet

Five fundamentally strong stocks down nearly 40% in the past one year

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  This serves as a reminder of how important a solid foundation is, whether in construction or investing. In the case of a portfolio, that foundation is built on fundamentally strong stocks—companies with sound financials and steady long-term potential.

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The article from Livemint discusses five fundamentally strong stocks that are currently trading at a discount, presenting potential buying opportunities for investors. These stocks include IRCTC, ABB India, Adani Total Gas, Astral, and Tata Technologies. IRCTC, known for its dominant position in the Indian railway catering and tourism sector, is trading at a discount due to recent market fluctuations. ABB India, a leader in electrification and automation, is also undervalued despite strong fundamentals. Adani Total Gas, involved in city gas distribution, is seen as a good long-term investment despite short-term volatility. Astral, a company specializing in plumbing and drainage systems, is trading below its intrinsic value, making it an attractive buy. Lastly, Tata Technologies, which provides engineering and product development services, is also considered undervalued, offering a promising investment opportunity. The article suggests that these stocks could be good additions to an investment portfolio due to their strong fundamentals and current market discounts.

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[ https://www.livemint.com/market/stock-market-news/five-fundamentally-strong-stocks-stocks-trading-at-discount-stocks-to-buy-irctc-abb-adani-total-gas-astral-tata-tech-11747115762165.html ]