2 Top Stocks Trading at a 41% and 51% Discount: Must-Buy Picks Today

When it comes to investing in the stock market, there are plenty of opportunities to capitalize on both trending and undervalued stocks. In 2024, the market has been on an impressive rally, with the S&P 500 and Nasdaq Composite reaching new highs. However, some stocks still trade far below their previous valuation peaks, presenting intriguing investment prospects.

At Extreme Investor Network, we believe in identifying opportunities that provide attractive valuations and strong long-term prospects. That’s why we’re excited to share insights from two Fool.com contributors who have identified Altria Group (NYSE: MO) and Walt Disney (NYSE: DIS) as top stocks to buy right now.

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Altria Group is a strong defensive stock offering a great dividend profile. Despite facing secular headwinds in the tobacco industry, Altria has managed to maintain a leading position with its Marlboro brand. The company’s revenue and earnings have seen declines due to decreasing unit sales in the smokable tobacco category. However, Altria’s strategic pricing increases and stock buybacks have helped boost its earnings per share. With a dividend yield of 8.6% and a low P/E ratio, Altria presents an attractive investment opportunity for those seeking long-term growth and income.

On the other hand, Walt Disney continues to be a dominant player in the entertainment industry. Despite experiencing some volatility, Disney’s diverse revenue streams, including theme parks, streaming services, and content production, position it as a key player in the market. The company’s recent focus on profitability in its streaming segment and the return of Bob Iger as CEO have instilled confidence in investors. With a renewed emphasis on Disney+, parks, and creative content, Disney is poised for a strong comeback.

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When considering investments in Altria Group and Walt Disney, it’s essential to weigh the potential risks and rewards. At Extreme Investor Network, we recommend conducting thorough research and consulting with financial experts to make informed decisions. By staying informed and diversified, investors can optimize their portfolios for long-term success.

Remember, the key to successful investing is to stay patient and focused on your long-term goals. By identifying undervalued stocks with strong fundamentals and growth potential, you can position yourself for financial success in the ever-changing market landscape. To learn more about the latest investment opportunities and strategies, visit Extreme Investor Network for expert insights and analysis.