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Based on historical evidence and performance, it is difficult to determine which undervalued companies have a high chance of reverting to the upwards median trend. However, analysts suggest that companies with strong financials and a clear growth strategy tend to perform well in the long-term. It may also be helpful to look for companies that are undervalued relative to their peers or the overall market. One way to identify undervalued companies is to use the Screener function on the Quotes - Discover page to filter stocks based on various financial metrics. Keep in mind that investing involves risk, and it is important to carefully research and consider all factors before making any investment decisions.
Reference articles:
Shopify 2023/Q2 Earnings Preview
Down More Than 40%: Analysts Say Buy These 2 Beaten-Down Stocks Before They Rebound
Companies most likely to buy back their shares resulting in increased stock price.
The bargain hunters' guide to undervalued stocks in the coming quarter
3 Blue-Chip Stocks Trading at a Valuation Gap