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However, investors’ concerns over the continuing spread of COVID-19, supply chain disruptions, and rising inflation could lead to a market correction in the near term in which many high-priced stocks may lose value.
Therefore, we think fundamentally-sound stocks Mitsubishi UFJ Financial Group, Inc. (MUFG), Petróleo Brasileiro S.A. (PBR), UBS Group AG (SIX:UBSG) (UBS), and Summer Infant, Inc. (SUMR), which are each currently trading at less than $20, could be solid bets now.
