Dear readers, there are two undervalued mega-cap US stocks. Each of these US stocks has a Price-to-Book ratio of less than 1 and has a market capitalisation of more than $200 billion.
First, Bank of America (BAC) stock is trading at a Price-to-Book ratio of 0.87. The stock is trading with a 2.97% dividend yield and is currently -31.19% against the 52-weeks high.
Second, Toyota Motor (TM) stock is trading at a Price-to-Book ratio of 0.96. The stock is trading with a 3.07% dividend yield and is currently -9.50% against the 52-weeks high.
Interested in these two mega-cap undervalued US stock? Well, do heed the larger stock markets backdrop which is really bearish.
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