In today’s volatile market, finding the right stocks for long-term investment can be challenging. However, some undervalued stocks offer potential growth despite uncertainty. This article explores several promising cheap stocks for long-term stability.
JD.com (JD)
Positioned as a technology and services enterprise with supply chain at its core, JD.com’s business has expanded across retail, technology, logistics, healthcare, property development, industrial technology, private label, insurance, international business, and more. Committed to the principles of customer first, innovation, dedication, ownership, gratitude, and integrity, the company’s mission is to make lives better through technology, striving to be the most trusted company in the world.
A leading Chinese e-commerce company, JD.com has seen its stock price drop significantly, making it an attractive buy for long-term investors. With strong cash generation and leadership in China’s large online retail market, JD is poised for recovery as macro conditions improve.
Website: https://global.jd.com
Email: service@jd.com
Contact: +86-400-606-5500
Dominion Energy (D)
More than 4.5 million customers in 13 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to providing reliable, affordable, and increasingly clean energy every day and to achieving Net Zero emissions by 2050.
This U.S.-based diversified power and gas utility has faced challenges due to falling natural gas prices and high debt. However, Dominion’s robust cash flow and potential benefit from rising winter demand make it an interesting recovery play.
Website: https://investors.dominionenergy.com/home/default.aspx
Email: Investor.Relations@dominionenergy.com
Contact: 1-720-789-2782
Dollar General (DG)
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.
With its stock price down over 45% from its peak, Dollar General is positioned for a potential rebound. Lower-income consumers may retain spending power in 2024, which could improve the company’s earnings outlook.
Website: dollargeneral.com
Email: custsvc@dollargeneral.com
Contact: 1-800-678-9258
Fusion Pharmaceuticals Inc. (FUSN)
Fusion’s lead program, FPI-2265, is evaluating 225Ac-PSMA I&T, a small molecule targeting PSMA expressed in prostate cancers. The alpha-emitting radiopharmaceutical is being evaluated in the Phase 2 TATCIST trial. The TATCIST trial is designed to evaluate patients with metastatic castration resistant prostate cancer (mCRPC) with progressive disease, including patients who are naïve to PSMA-targeted radiopharmaceuticals and those who have been pre-treated with 177Lu-based PSMA radiopharmaceuticals such as PLUVICTO™.
This clinical-stage oncology firm is working on next-generation radiopharmaceuticals. Wall Street is optimistic about its long-term prospects, and the stock is currently trading at a low price with significant upside potential.
Website: https://fusionpharma.com
Email: info@fusionpharma.com
Contact: +1 (888) 506-4215
Rolls-Royce (RYCEY)
The Rolls-Royce Heritage Trust promotes the history and engineering excellence of Rolls-Royce and its ancestral companies. Rolls-Royce develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea and on land.
Rolls-Royce, known for its advanced engine and power solutions, has shown strong performance in the last year. Despite its gains, the stock still trades below its average price target, presenting a buying opportunity.
Website: https://www.rolls-royce.com
Email: governanceteam@rolls-royce.com
Contact: +44 371 384 2637