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In addition, concerning the mildness of the variant’s effects, Investor Bill Ackman said, “If this turns out to be true, this is bullish, not bearish for markets.” This represents a positive outlook for the overall market at this juncture, and thereby, quality stocks trading at affordable prices could be wise bets now.
Fundamentally strong stocks Teva Pharmaceutical Industries Limited (NYSE:TEVA), Himax Technologies, Inc. (HIMX), YPF Sociedad Anónima (YPF), and LexinFintech Holdings Ltd. (LX), are currently trading at less than $15 per share and could be potential outperformers.
