In this article, we will list the 5 All-Time High But Still Undervalued Stocks to Invest In. Please visit 10 All-Time High But Still Undervalued Stocks to Invest In if you would like to see the extended list and the methodology behind it.
5. Coterra Energy Inc. (NYSE:CTRA)
On May 4, 2026, Devon Energy (NYSE:DVN) and Coterra Energy Inc. (NYSE:CTRA) said shareholders approved all proposals needed to complete the previously announced all-stock merger between the companies. The transaction is expected to close on or around May 7. Under the agreement, each share of Coterra common stock will be converted into 0.70 shares of Devon common stock, with cash paid for fractional shares. Following the merger, Devon shareholders are expected to own about 54% of the combined company, while Coterra shareholders will own about 46% on a fully diluted basis.
Meanwhile, Scotiabank raised its price target on Coterra Energy Inc. (NYSE:CTRA) to $32 from $31 and maintained a Sector Perform rating as part of a broader update on energy names.
Coterra Energy Inc. (NYSE:CTRA) is an independent oil and gas producer focused on oil, natural gas, and natural gas liquids in the United States.
4. Bunge Global SA (NYSE:BG)
On April 29, 2026, Bunge Global SA (NYSE:BG) reported Q1 adjusted EPS of $1.83 compared to $1.81 last year, while revenue totaled $21.86B versus $23.37B consensus. CEO Greg Heckman said the company delivered a “strong first quarter” despite geopolitical uncertainty and shifting trade flows, adding that Bunge’s global platform helped it manage risks, capture opportunities, and support customers navigating a more complex market environment.
Bunge raised its FY26 adjusted EPS outlook to $9.00-$9.50 from $7.50-$8.00, above the $8.41 consensus estimate. The company expects higher results in Soybean Processing and Refining as well as Softseed Processing and Refining, while Tropical Oils and Specialty Ingredients and Grain Merchandising and Milling are expected to be lower. Corporate and Other results are expected to remain in line. Bunge also reaffirmed FY26 capital expenditures guidance of $1.5B-$1.7B.
Following the earnings release, Barclays has raised its price target on Bunge Global SA (NYSE:BG) to $150 from $145 previously and maintained an Overweight rating on the shares.
Bunge Global SA (NYSE:BG) operates a global agribusiness and food business across oilseed processing, refining, and grain merchandising markets.
3. Permian Resources Corporation (NYSE:PR)
On April 27, 2026, BofA raised its price target on Permian Resources Corporation (NYSE:PR) to $22 from $20 and maintained a Neutral rating as part of a broader update on U.S. oil and gas names. The firm said it expects a market environment shaped by de-escalation efforts alongside recurring geopolitical flare-ups and elevated risks.
On April 21, 2026, Scotiabank analyst Betty Zhang raised the price target on Permian Resources Corporation (NYSE:PR) to $25 from $21 and kept an Outperform rating. Scotiabank said its outlook on the energy sector remains mixed, with earnings estimates generally above consensus for E&P companies but below for independent refiners, while investors are likely to focus on whether recent oil market volatility affects activity levels in 2026 and beyond.
Earlier in April, KeyBanc analyst Tim Rezvan initiated coverage of Permian Resources Corporation (NYSE:PR) with an Overweight rating and a $25 price target. Tim Rezvan said the firm remains constructive on oil-focused companies and believes medium-term oil futures prices are too low. The analyst also pointed to the company’s transition to investment-grade debt as supportive of improved natural gas realizations and lower borrowing costs.
Permian Resources Corporation (NYSE:PR) develops crude oil and liquids-rich natural gas reserves in the United States.
2. Unum Group (NYSE:UNM)
On April 30, 2026, Truist raised its price target on Unum Group (NYSE:UNM) to $96 from $88 and maintained a Buy rating on the shares following the company’s Q1 earnings beat. The firm cited strong performance in Group Life and improved persistency across the core business.
Keefe Bruyette analyst Ryan Krueger has also raised the price target on Unum Group (NYSE:UNM) to $105 from $95 previously and kept an Outperform rating on the shares.
On April 28, 2026, Unum Group (NYSE:UNM) reported Q1 EPS of $2.14 versus $2.05 consensus and revenue of $3.36B compared to $3.00B expected. CEO Richard McKenney said the company delivered a “strong start to the year,” supported by premium growth, higher sales, and solid retention rates. McKenney also noted continued improvement in the Closed Block risk profile and highlighted $400M in share repurchases and $78M in dividends during the quarter. Unum expects FY26 EPS of $8.60-$8.90 versus $8.71 consensus.
Unum Group (NYSE:UNM) provides financial protection and employee benefit products in the United States, the United Kingdom, and Poland.
1. Dell Technologies Inc. (NYSE:DELL)
On May 4, 2026, Dell Technologies Inc. (NYSE:DELL) said its Board of Directors unanimously approved a plan to change the company’s state of incorporation from Delaware to Texas. The proposal will be presented for shareholder approval at the company’s 2026 Annual Meeting on June 25. CEO Michael Dell said Texas has supported the company’s growth for more than four decades and that the move reflects “what we’ve been building here all along.”
On April 30, 2026, Trust3 AI announced an expanded collaboration with Dell Technologies Inc. (NYSE:DELL) focused on AI-ready data lakehouse infrastructure. The joint offering integrates Trust3 AI’s governance platform into Dell’s Data Lakehouse architecture to support analytics and autonomous AI workloads across hybrid and on-premises environments.
Earlier, on April 27, 2026, BofA raised its price target on Dell to $246 from $205 and maintained a Buy rating, citing rising demand tied to agentic AI and traditional server infrastructure. Evercore ISI also raised its target to $240 from $205 with an Outperform rating after Boost Run announced a $1.4B AI infrastructure purchase agreement with Dell, which the firm described as an early sign that enterprise AI infrastructure demand is translating into long-term commitments.
Dell Technologies Inc. (NYSE:DELL) provides infrastructure, computing, storage, and related technology solutions globally.
While we acknowledge the potential of DELL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DELL and that has 100x upside potential, check out our report about the cheapest AI stock.
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