The valuations of the U.S. stock market are continuously climbing, which value stocks are worth payi

Over the past year, the gains in the major U.S. stock indexes have far exceeded the earnings growth of listed companies, directly driving up the price-to-earnings ratios of many large U.S. companies. Meanwhile, with U.S. inflation data in March exceeding expectations, economists have started to question the Federal Reserve’s interest rate cuts for this year, thus increasing the risk for many strong stocks. In this situation, some cautious investors have chosen to exit and observe. However, investing in U.S. value stocks now is also a relatively prudent choice.

I have identified seven selected U.S. value stocks for 2024 through the multi-asset trading tool BiyaPay App, worth considering for investors. If you are interested in these stocks and think they are worth holding, you can directly trade them on BiyaPay, while supporting the deposit of digital currency (U) to BiyaPay, then withdrawing fiat money to other securities for investment.

Without further ado, let’s take a look:

Cisco Systems (NASDAQ: CSCO)

In 2000, Cisco Systems was once the company with the highest market value in the world, but currently its dynamic price-to-earnings ratio is less than 15. The company is still the dominant player in the networking equipment field, and its product portfolio has also added software and network security solutions with continuously increasing profitability. Although Cisco is no longer the high-growth stock it once was, its cash cow status makes it a valuable choice in the technology sector.

Comcast (NASDAQ: CMCSA)

In recent years, due to the rise of streaming media, Comcast’s traditional cable TV and media assets, such as NBC, have shrunk, and its stock performance has also been weaker than the market. This stock’s price has fallen by 8.5% this year as of April 11, and it has basically been flat over the past five years, with its dynamic price-to-earnings ratio dropping to about 9, making a stock rebound ripe.

TELUS Corp (NYSE: TU)

Telus is one of Canada’s telecom giants and one of the three major wireless operators, with over 10 million subscribers and about 30% market share. Thanks to the rapid growth of immigration and population, Canada’s market has high and continuously growing revenue per user, but recently the entire Canadian telecom sector has plummeted due to a government inquiry into telecom pricing, with Telus no exception, and its dividend yield has risen to 6.9%.

Unilever (NYSE: UL)

In recent years, multinational staple consumer goods giant Unilever has had sluggish revenue growth, but it has recently begun to change, such as divesting its tea business in 2022 and recently Ben & Jerry’s ice cream business, thus focusing on core brands and assets. Its stock price has fallen about 10% over the past year, with a dynamic price-to-earnings ratio of about 15 and a dividend yield of 4%.

Sony Group (NYSE: SONY)

Japan’s diversified technology group Sony’s various businesses have faced setbacks, such as streaming media suppressing its media profits, the gaming industry going downhill since the cap in 2022, and a significant decline in TV sales in 2023. Sony’s stock price faces short-term headwinds, with a significant decline, and its current dynamic price-to-earnings ratio has dropped to 16. However, the company still possesses a strong brand and intellectual property.

Toronto-Dominion Bank (NYSE: TD)

Canada has only five major banks, and Toronto-Dominion Bank is one of them, also benefiting from high industry concentration, thus high profits and low competitive pressure. This investment bank is actively expanding into the U.S. market, holding a large amount of stock in the discount broker Charles Schwab (NYSE: SCHW). Due to concerns about the Canadian economy and housing market, the bank’s stock price has recently plummeted, with a dynamic price-to-earnings ratio of about 10, and the stock price should have already been oversold.

Solventum Corp (NYSE: SOLV)

Solventum is a medical supplies company that has just been spun off from the industrial giant 3M Co (NYSE: MMM) and listed, with four major business segments: surgical products, dental solutions, medical information systems, and purification and filtration solutions. Compared to the split price of $80, Solventum’s stock price has fallen about 20%, and its dynamic price-to-earnings ratio, calculated based on analysts’ expected earnings, is about 11.

Finally, a reminder to all investors: when making investment decisions, consider your own risk tolerance and investment objectives, make reasonable asset allocation, maintain independent thinking, and do not blindly follow trends.