These stocks are priced incredibly low and possess significant upside.
These stocks are priced incredibly low and possess significant upside.
Chasing high-flying stocks can be exciting, but it can also be risky for investors who buy near or at the peak. The real big payoff for investors can come from buying up shares of struggling stocks that the market has become bearish on and that are trading at discounted valuations.
While not all stocks that are down will recover, three that I think are absurdly cheap and that I'd consider buying before the end of 2026 are Viking Therapeutics (VKTX -5.96%), Verizon Communications (VZ +1.75%), and Royal Caribbean Cruises (RCL +0.30%). Here's why these look like incredible deals right now.
Viking Therapeutics has been a volatile stock to own in recent years. It closed on Tuesday at less than $27, and it was less than a month ago that it hit highs of more than $40.
The healthcare company has loads of potential upside thanks to its promising GLP-1 drug, VK2735. It's been doing well in clinical trials, and the reason for the surge last month was due to encouraging results that showed it could not only help people lose between 16% to 19% while on the drug for 21 weeks, but it also helped them keep the majority of the weight off when switching to less frequent maintenance doses.
Moneyball Superscore
The company doesn't have an approved drug in its portfolio just yet, but with VK2735 doing well in late-stage trials, it may only be a matter of time before that changes, and when it does, the stock could soar in value.
Unfortunately, because Viking is burning through cash, it needs to raise capital to continue developing its drugs, so the risk of dilution is high. But I think better days are ahead for Viking, and a larger healthcare company seeking exposure to the lucrative GLP-1 market could also make a bid to acquire Viking in the future. With a market cap of just $3 billion, I could see the stock easily doubling in value.
Verizon Communications
Verizon is an excellent dividend stock to buy, and with it yielding 6.6%, it may even be too good to pass up at these levels. Its business is doing well, generating steady growth, and its payout ratio of around 70% also suggests the dividend is just fine.
Averytin News Financial update.