5 Undervalued Defensive Stocks For 2023

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In this article, we will take a look at the 5 undervalued defensive stocks for 2023. You can skip this part and go to 15 Undervalued Defensive Stocks For 2023.

5. Bunge Limited (NYSE:BG)

PE Ratio as of January 27: 10.00

Missouri-based agribusiness and food company Bunge Limited (NYSE:BG) ranks 6th in our list of the undervalued defensive stocks for 2023. In November, Bunge Limited (NYSE:BG) announced a quarterly dividend of $0.625 per share. Forward dividend yield at the time came in at 2.35%.

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