With all the vagaries in the market these days, investors may be better served considering undervalued biotech stocks to buy. At the most basic level, biotechnology firms aim to address critical vulnerabilities in the human condition. Therefore, while the sector certainly features a profit motivation, it generally falls under a feel-good framework.
To be fair, this narrative does not mean that undervalued biotech stocks to buy feature no risk. Those companies tied to novel therapeutics necessarily absorb the dangers of clinical testing failures. As well, the present monetary environment with the Federal Reserve raising the benchmark interest rate will have some effect on the risk-on components of biotechnology firms.
However, to help mitigate some of the downside threats, investors may want to consider undervalued biotech stocks to buy. Generally, these market ideas either don’t attract the spotlight or have suffered significant cuts to their valuations. However, they maintain long-term relevance, making them possible contrarian catalysts.
Top Undervalued Stocks To Buy Right Now: Telefonica Brasil S.A.(VIV)
Telefônica Brasil S.A. provides fixed-line and mobile telecommunications services to residential and corporate customers in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband Internet access through 3G and 4G, as well as mobile value-added services and wireless roaming services. The company also offers data services, including Internet, broadband, mobile broadband, and wireless Internet services. In addition, the company provides pay TV services through direct to home satellite technology, IPTV, and cable, as well as interactive services, such as video-on-demand; network services, such as rental of facilities; other services comprising Internet access, private network connectivity, computer equipment leasing, extended service, detects, voice mail and cellular blocker, and others; wholesale services, including interconnection services to users of other network providers; and digital services, such as financial services, machine-to-machine operations, e-health solutions, security, video, and advertising. Further, the company offers multimedia communication services, which include audio, data, voice and other sounds, images, texts, and other information, as well as sells wireless devices and accessories, such as handsets, smartphones, broadband USB modems, and devices. Additionally, it provides telecommunications solutions and IT support to various industries, such as retail, manufacturing, services, financial institutions, government, etc. Telefônica Brasil S.A. offers its solutions through its stores, dealers, retail channels, and door-to-door sales. The company was formerly known as Telecomunicações de São Paulo S.A. TELESP and changed its name to Telefônica Brasil S.A. in October 2011. Telefônica Brasil S.A. was incorporated in 1998 and is headquartered in São Paulo, Brazil. Telefônica Brasil S.A. is a subsidiary of Telefonica S.A.