Hot cheap stocks to buy now12/31/2023 The first of two financial names on our list of cheap dividend-growth stocks to buy, Discover Financial Services fell along with many other financial stocks earlier this year in the wake of the regional banking crisis. Polaris stock is undervalued, trading 43% below our $160 fair value estimate. Although macroeconomic headwinds will likely persist, we find shares attractive at this margin of safety and we expect the company to continue to grow the dividend, she adds. Morningstar senior analyst Jaime Katz notes that third-quarter earnings disappointed, marked by higher costs and lower sales-though the firm did take market share during the period. Polaris is the first of three new stocks on our list of cheap dividend-growth stocks to buy.
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