In this article, we will discuss the 12 Undervalued Stocks to Buy According to the Wall Street.
On July 6, Tom Lee, Fundstrat Managing Partner, joined ‘Squawk Box’ to discuss the latest market trends. Lee explained that he was unimpressed by the stalling performance of the averages in June, but he maintained an optimistic view for July, noting that current valuations are more reasonable and sentiment is not excessively bullish. He anticipates that the upcoming Q2 earnings reports will surprise to the upside, following a strong Q1 performance. Because of these expectations, Lee noted that the market’s P/E ratio is actually one full turn lower than it was in January, and he believes that as earnings grow, the market will become cheaper, creating room for P/E expansion.
Regarding his end-of-year outlook, Lee confirmed that he believes that an S&P 500 target of 8,000 is achievable. He justified this by suggesting that 8,000 would represent roughly 20 times his 2027 earnings estimate of 400. However, he added that he considers 400 a conservative estimate and believes the P/E multiple could reach 22 or higher, which could potentially push the S&P 500 toward a year-end target of 8,400 to 8,800.
Despite his bullish stance for July, Lee warned that the market may experience a period between August and October that feels like a bear market. He does not expect this to occur in July, explaining that because June was not a strong month and a high number of fund managers are currently trailing their benchmarks (with only 23% beating the large-cap growth index, the lowest level in nearly five years), there is likely to be significant dip-buying activity throughout July.
Defining what he means by a period that feels like a bear market, Lee clarified that he is referring to a decline that might not necessarily hit the technical 20% bear market threshold. He pointed to the decline between February and April of this year as an example, noting that it felt like a bear market despite only being a 7% drop. He identified four potential headwinds that could cause such a decline later in the year: a cumulative shortage of petroleum products and high levels of margin debt.
Against this backdrop, lets take a look at some of the undervalued stocks to buy according to Wall Street.
Our Methodology
We used screeners to identify stocks that are trading below a forward P/E of 15 and have an average upside potential of at least 45%. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Note: All data was sourced on July 7.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
12 Undervalued Stocks to Buy According to the Wall Street
12. Wix.com Ltd. (NASDAQ:WIX)
Average Upside Potential: 47.69%
Wix.com Ltd. (NASDAQ:WIX) is one of the undervalued stocks to buy according to the Wall Street. On July 7, Wix and Elavon, a subsidiary of US Bank, announced a strategic partnership to provide unified commerce solutions for small businesses. This collaboration integrates Elavon’s payment processing capabilities with Wix’s website creation and commerce technology, allowing business owners to manage online and in-person sales, inventory, and real-time analytics within a single platform.
The offering is structured into three tiers (Launch, Grow, and Scale) to support businesses at different stages of their development. These packages provide varying levels of digital tools, ranging from basic setup for new ventures to advanced, customizable solutions for established businesses aiming to optimize performance and handle higher transaction volumes.
By combining these resources, the partnership aims to reduce operational complexity and improve visibility for business owners. Both companies emphasize a shared commitment to providing flexible, scalable technology that enables entrepreneurs to focus on growth while maintaining a seamless digital presence across multiple sales channels.
Wix.com Ltd. (NASDAQ:WIX) provides a web development platform for creators, delivering services through a SaaS model. Its products include website templates, website builders, website designs, an app market, web hosting, domain names, website accessibility, a mobile app builder, and an AI website builder.
11. Amdocs Limited (NASDAQ:DOX)
Average Upside Potential: 48.66%
Amdocs Limited (NASDAQ:DOX) is one of the undervalued stocks to buy according to the Wall Street. On June 24, Amdocs announced that telecom operator Three Scandinavia selected the company as a partner to support its digital and business transformation across Sweden and Denmark. The program aims to modernize customer engagement and commerce capabilities by deploying the Amdocs Customer Engagement Platform, which will consolidate marketing, sales, and service processes into a unified, AI-native foundation.
The transformation is designed to be implemented in phases, ensuring that Three Scandinavia can maintain continuous service delivery while improving operational efficiency. By utilizing data and automation, the initiative will streamline workflows across the customer lifecycle, supporting both consumer and business segments with more consistent, omnichannel experiences.
This partnership focuses on building a scalable digital foundation that allows Three Scandinavia to maintain its market momentum while simplifying internal operations. Both organizations emphasized the collaboration as a key step in enhancing customer satisfaction and strengthening the operator’s service offerings throughout the Nordic region.
Amdocs Limited (NASDAQ:DOX) provides services and software to entertainment, communications, media, and other service providers worldwide. The company develops, implements, designs, supports, markets, and operates an open and modular cloud offering. It also offers CES25, Amdocs Monetization Suite, and GenAI agents.
10. VEON Ltd. (NASDAQ:VEON)
Average Upside Potential: 51.69%
VEON Ltd. (NASDAQ:VEON) is one of the undervalued stocks to buy according to the Wall Street. On July 2, VEON and Mastercard (NYSE:MA) announced a collaboration to accelerate the development of inclusive and accessible financial services across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. By combining VEON’s local digital platforms and customer reach with Mastercard’s global payment network and expertise, the organizations aim to address financial service gaps in underserved markets.
The initiative will explore the development of AI-powered financial solutions, including embedded finance, digital wallets, and credit scoring systems, alongside merchant and remittance services. These tools are designed to overcome barriers such as limited credit history and fragmented payment infrastructure, making financial products more affordable and accessible for consumers and small businesses.
The collaboration is set to begin with pilot programs in Ukraine and Kazakhstan, with potential for further expansion into VEON Ltd.’s (NASDAQ:VEON) other markets and beyond. Both companies intend to leverage mobile connectivity to foster greater economic opportunity and financial inclusion, viewing these services as a foundation for empowering communities in the digital economy.
VEON Ltd. (NASDAQ:VEON) is a global telecommunications company providing mobile, data and digital services across emerging markets in Asia, Africa and Europe, focusing on connectivity, digital solutions and customer‑centric offerings to drive growth and engagement.
9. Silvercorp Metals Inc. (NYSEAMERICAN:SVM)
Average Upside Potential: 54.38%
Silvercorp Metals Inc. (NYSEAMERICAN:SVM) is one of the undervalued stocks to buy according to the Wall Street. On June 29, Silvercorp announced a temporary operational slowdown at its Ying and GC mining sites in China to comply with new nationwide safety regulations. Following a fatal coal mine accident in May, Chinese authorities have mandated stricter safety protocols for all mining operations, requiring the implementation of the “Six Major Safety Systems” across all underground areas.
To address these requirements, Silvercorp Metals Inc. (NYSEAMERICAN:SVM) has suspended operations at affected sites to perform necessary upgrades, including system installations and facility improvements at an estimated cost of $11.5 million. The company is working with five certified vendors to finalize these safety measures over the next 50 days, with work expected to be completed in phases to allow for a gradual resumption of production.
The company anticipates that these safety improvements will impact production at the Ying Mining District by 40% to 50% and the GC mine by approximately 50% during the July–September quarter. Silvercorp is working closely with government regulators to ensure all systems meet national standards and plans to resume full operations as quickly as individual mining levels pass inspection.
Silvercorp Metals Inc. (NYSEAMERICAN:SVM) is a Canadian mining company that produces silver, gold, lead, and zinc. The company focuses on acquiring, exploring, developing, and mining mineral properties.
8. California Resources Corporation (NYSE:CRC)
Average Upside Potential: 56.88%
California Resources Corporation (NYSE:CRC) is one of the undervalued stocks to buy according to the Wall Street. On June 16, California Resources announced the pricing of a $550 million private offering of 7.250% senior unsecured notes due 2035 at par. The offering is expected to close on June 26, subject to customary closing conditions, with the notes guaranteed by the company’s existing and certain future subsidiaries.
The company estimates net proceeds of approximately $541 million from this offering. It intends to use these funds, alongside cash on hand or revolving credit borrowings, to redeem all of its outstanding $550 million in 8.250% senior notes due 2029 at a redemption price of 104.125% plus accrued interest.
The notes are being offered exclusively to qualified institutional buyers and non-US persons in compliance with applicable securities laws and will not be registered under the Securities Act. While the redemption of the 2029 notes is conditional upon the completion of this new offering, the offering itself is not contingent upon the finalization of that redemption.
California Resources Corporation (NYSE:CRC) operates as an independent energy and carbon management company in the US. It operates in two segments, Oil and Natural Gas, and Carbon Management.
7. Stepstone Group Inc. (NASDAQ:STEP)
Average Upside Potential: 59.64%
Stepstone Group Inc. (NASDAQ:STEP) is one of the undervalued stocks to buy according to the Wall Street. On June 17, StepStone and PitchBook announced the general availability of SPI Deal Benchmarking, a solution designed to integrate institutional-grade deal-level performance and operating metrics into PitchBook’s private market intelligence platform.
This partnership combines StepStone’s performance data with PitchBook’s research and AI-powered tools, offering users a new way to analyze private equity, venture capital, and infrastructure deals. The platform provides users with enhanced analytics and the ability to conduct “apples-to-apples” comparisons by filtering data across industry, geography, size, and time period.
By focusing on deal-level rather than fund-level analysis, the tool allows investors and fund managers to better distinguish alpha from beta and identify specific performance drivers while maintaining data confidentiality through aggregation and anonymization. This integration aims to streamline decision-making for fund managers, investors, and service providers by embedding granular benchmarks directly into existing professional workflows.
Stepstone Group Inc. (NASDAQ:STEP) is a private equity and venture capital firm specializing in primary, secondary, and co-investments. They support mature and middle-market companies across a wide range of sectors, from technology and healthcare to infrastructure and clean energy. The firm provides flexible capital solutions, including minority and majority ownership stakes.
6. Almonty Industries Inc. (NASDAQ:ALM)
Average Upside Potential: 65.89%
Almonty Industries Inc. (NASDAQ:ALM) is one of the undervalued stocks to buy according to the Wall Street. On July 1, Almonty announced the commencement of processing operations at its Sangdong Mine in South Korea, marking the transition from mine development to active, revenue-generating production. During June, the company began feeding its newly commissioned plant with stockpiled ore to produce saleable tungsten concentrate, establishing a critical operational milestone for the facility.
The company entered the production phase with approximately 139,700 tonnes of run-of-mine ore, featuring a blended grade of roughly 0.25% tungsten trioxide. The processing plant is currently utilizing this stockpile to optimize ore blending and ensure consistent feed quality during the initial ramp-up, with management anticipating higher grades as operations progress.
This initial stockpile represents about 2.6 months of production capacity for the plant’s first phase, holding an estimated gross in-process value of approximately $68 million at current market prices. By moving into this active phase, Almonty Industries Inc. (NASDAQ:ALM) solidifies its position as a global producer of tungsten concentrate while leveraging the high-purity potential of the Sangdong deposit.
Almonty Industries Inc. (NASDAQ:ALM) is a leading supplier of tungsten to the defense and advanced technology markets. The company has established operations in Portugal and additional projects in Spain and the US.
5. Pegasystems Inc. (NASDAQ:PEGA)
Average Upside Potential: 83.14%
Pegasystems Inc. (NASDAQ:PEGA) is one of the undervalued stocks to buy according to the Wall Street. On June 8, Pegasystems announced that its Pega Blueprint AI application design agent will integrate with Amazon Web Services/AWS Transform. This partnership is designed to help organizations rapidly modernize aging mainframe applications by extracting and analyzing legacy COBOL code to reimagine it as cloud-native, agentic applications.
The integration combines AWS Transform’s ability to analyze and document complex COBOL code with Pega Blueprint AI’s generative capabilities. By ingesting technical data and industry best practices, the platform autonomously generates future-state application designs, allowing businesses to replace outdated workflows without losing critical business logic or data structures.
This solution aims to accelerate digital transformation by reducing the manual labor and time typically required for mainframe off-ramps. By providing a seamless, iterative experience, the platform enables enterprises to build reliable and agile digital foundations that are better suited for the modern AI economy.
Pegasystems Inc. (NASDAQ:PEGA) develops, markets, licenses, and supports software that enables organizations to deploy, build, and change enterprise applications.
4. Endeavour Silver Corp. (NYSE:EXK)
Average Upside Potential: 94.93%
Endeavour Silver Corp. (NYSE:EXK) is one of the undervalued stocks to buy according to the Wall Street. On June 18, Endeavour Silver announced positive results from its first exploration drilling campaign at the Terronera mine in Jalisco, Mexico, since 2020. The program, which included 53 drill holes across the La Luz and Terronera systems, successfully intersected high-grade silver and gold mineralization, effectively extending the known zones along strike and at depth.
Key intercepts included hole LL-43, which returned 2,607 g/t AgEq over 1.06 metres, and TRU-003, which yielded 686 g/t AgEq over 5.32 metres. These results validate the continuity of robust mineralized zones within the property and support Endeavour Silver Corp.’s (NYSE:EXK) efforts to refine mine design, particularly at the high-grade La Luz deposit, where production is currently targeted to begin in 2027.
Two drill rigs remain active at the site, with ongoing operations scheduled through the fourth quarter to further delineate the vein systems. Management believes that these findings demonstrate significant potential to grow mineral resources, extend the mine’s operational life, and unlock additional value across the broader Terronera property.
Endeavour Silver Corp. (NYSE:EXK) is a mid-tier silver producer operating mines in Mexico and Peru, with a strong exploration portfolio across the Americas. The company focuses on organic growth and responsible mining to advance its goal of becoming a leading senior silver producer.
3. Alibaba Group Holding Limited (NYSE:BABA)
Average Upside Potential: 95.07%
Alibaba Group Holding Limited (NYSE:BABA) is one of the undervalued stocks to buy according to the Wall Street. On July 2, Access Advance LLC and Alibaba Group announced that Alibaba expanded its participation in the Video Distribution Patent/VDP Pool by becoming a Licensee. This agreement provides Alibaba access to a comprehensive license for HEVC, VVC, VP9, and AV1 codec technologies, building upon the company’s existing role as a Licensor in the pool and its previous engagement through the VVC Advance Patent Pool.
The VDP Pool’s single-license structure simplifies the complex licensing needs of Alibaba Group Holding Limited’s (NYSE:BABA) diverse ecosystem, which spans e-commerce, digital media, and entertainment. By consolidating coverage for four major video codecs into one royalty rate, the agreement removes the need for multiple bilateral contracts, allowing Alibaba to scale its video-based services more efficiently as it continues to integrate advanced streaming technologies.
Both organizations highlighted this expansion as a meaningful step in their multi-year collaboration, emphasizing a shared commitment to a stable licensing ecosystem. This partnership aims to support the continued development and adoption of next-generation video standards, ensuring that innovations remain accessible and beneficial for both patent holders and technology users across the global market.
Alibaba Group Holding Limited (NYSE:BABA) operates as a technology infrastructure and marketing solutions provider. It operates both within the People’s Republic of China and internationally. The company was founded by Chung Tsai and Yun Ma in June 1999 and is headquartered in Causeway Bay, Hong Kong.
2. Equinox Gold Corp. (NYSEAMERICAN:EQX)
Average Upside Potential: 121.37%
Equinox Gold Corp. (NYSEAMERICAN:EQX) is one of the undervalued stocks to buy according to the Wall Street. On July 6, Equinox Gold announced the sale of 8,713,000 common shares of Versamet Royalties Corporation in a block trade for gross proceeds of C$130 million. This disposition reduces Equinox Gold’s ownership interest in Versamet from approximately 10.7% to 2.7% on an undiluted basis.
Equinox Gold continues to hold its remaining Versamet shares for investment purposes, though it retains the flexibility to acquire or dispose of securities based on future circumstances. The company noted that it remains subject to certain escrow restrictions regarding its remaining holdings.
The sale triggers the termination of Versamet’s right of first offer to acquire any royalty or stream held by Equinox Gold Corp. (NYSEAMERICAN:EQX). Additionally, the existing investor rights agreement between the two companies is set to terminate after Equinox Gold’s ownership remains below the 10% threshold for 30 days.
Equinox Gold Corp. (NYSEAMERICAN:EQX) is involved in the exploration, operation, acquisition, and development of mineral properties in the Americas. It mainly explores silver and gold deposits. The company was founded in 2007 and is based in Vancouver, Canada.
1. SK Telecom Co. Ltd. (NYSE:SKM)
Average Upside Potential: 335.03%
SK Telecom Co. Ltd. (NYSE:SKM) is one of the undervalued stocks to buy according to the Wall Street. On July 5, SK Telecom announced a plan to construct an AI data center capacity of up to 15GW, aiming to establish South Korea as a primary AI infrastructure hub in Asia. The company will spearhead the project by utilizing SK Group’s full-stack capabilities in semiconductors, energy solutions, and data center operations to address the surging global demand for high-performance computing infrastructure.
The project will be rolled out in stages, with an initial 5GW of capacity scheduled to come online starting in 2029. This includes the expansion of the current Ulsan facility into a GW-scale cluster and new developments in the southeastern and southwestern regions. The initiative is designed to align with the South Korean government’s “AI G3” strategy and is positioned as a national strategic asset, comparable in scale to historical infrastructure milestones like the Gyeongbu Expressway.
To manage the substantial capital requirements (potentially reaching KRW 70 trillion for a 1GW-class facility) SK Telecom Co. Ltd. (NYSE:SKM) plans to utilize a combination of internal investment, project financing, and long-term contracts with global anchor tenants.
SK Telecom Co. Ltd. (NYSE:SKM) is a South Korean telecommunications giant. It provides mobile voice, data, and wireless broadband services, along with enterprise solutions such as cloud, AI, and security platforms. The company also invests in digital businesses, including media, e-commerce, and mobility services.
READ NEXT: 10 Most Undervalued NASDAQ Stocks to Buy Right Now and 10 Most Profitable Undervalued Stocks to Invest In.
Disclosure: None. None. Follow Insider Monkey on Google News.
