What are Value Stocks?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Allianz SE (OTC: ALIZY) and Munich Re have renewed insurance coverage for the damaged Russia-controlled Nord Stream 1 gas pipeline, contrasting Germany's public stance of cutting ties with Moscow.
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $26,000 level on Thursday.
Ethereum (CRYPTO: ETH), also recorded gains, trading above the key $1,600 mark this morning.