3 Undervalued Stocks for 2020
The current bull market continues to show unprecedented resilience. Already the longest in U.S. history, it is set to turn 11 in March. While there are no major signs currently that a recession is imminent, it would be wise for investors to think about becoming increasingly conservative and cautious when it comes to selecting equities for investment. This could lead to a shift from expensive momentum plays to value and overlooked opportunities. Here are three companies that are currently showing undervalued metrics that look like good buys.
JinkoSolar (NYSE: JKS) is among the world's largest manufacturers of solar modules. The company's products offer renewable energy technology to global utilities, as well as commercial and residential clients. Based out of China, JinkoSolar has roughly 2,000 customers across over 100 countries. In 2018, JinkoSolar delivered a total of 11.4 gigawatts (GW) worth of solar modules.
The solar module manufacturer has seen strong progress in 2019. In late October, JinkoSolar announced that it supplied 13.6 megawatts (MW) worth of modules to Photon Energy Solutions in Hungary. The solar modules are being used for the development of 19 solar power plants.
Source Fool.com
