5 Undervalued Innovative Stocks
These names from the Morningstar Exponential Technologies Index are trading at 4- and 5-star levels.
Disruptors like Apple (AAPL) and Amazon.com (AMZN) helped catapult the technology-heavy Nasdaq to a near-44% gain last year. Perhaps such innovators that are developing and adeptly harnessing new technologies should be booming--after all, these companies are transforming the way we live.
Nevertheless, we at Morningstar aren’t willing to overpay for a stock, no matter how transformative a company may be. So today, we’re hunting for inexpensive innovators in the Morningstar Exponential Technologies Index.
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.