...when people talk about a company being undervalued I think that typically includes both unrecognised growth potential and unrecognised current value.
I think it’s a spectrum:
Value stocks are where most of the case for investment is from the market is mis-pricing the firm’s current operations
Growth stocks are where most of the case for investment is from the future (expected) growth of the firm
I think it’s a spectrum:
Value stocks are where most of the case for investment is from the market is mis-pricing the firm’s current operations
Growth stocks are where most of the case for investment is from the future (expected) growth of the firm