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How Do You Find Undervalued Stocks Around the World?

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Identifying undervalued stocks can be tricky, especially for new investors without comprehensive knowledge of stock analysis.

And an even trickier process is when a company’s stock is considered to be undervalued compared to its peers, despite being constantly profitable and have long-term prospects.

This could be due to several factors: interest rates, inflation, broad market weakness – which can trigger a price overreaction, causing a fall in the share price of a high-quality stock.

So, how can you find a potential goldmine of a stock and be that patient investor, seeing it flourish to its truest potential?

Interactive Brokers has released a unique tool called IBKR GlobalAnalyst, which is intended to help investors interested in international portfolio diversification, to discover undervalued companies that may have greater growth potential.

Using GlobalAnalyst, investors can search for stocks by region, country, industry, market capitalisation, currency and other various metrics to identify undervalued stocks worldwide.  

“In addition to offering investment choices from more than 150 global markets, we continue to provide investors with leading technology and tools to help them make informed investment decisions,” Thomas Peterffy, Chairman and Founder of Interactive Brokers said. “GlobalAnalyst is a great tool for individual investors and sophisticated traders to begin their search, looking to take advantage of the benefits of investing globally.

“We emphasise that thorough analysis must always follow initial findings.”

One nifty feature is the P/E/G Ratio (Price to Earnings divided by three-year compound earnings growth rate).

The PEG ratio, by definition, will be equal to 1 when the growth rate of earnings is equal to the PE ratio. As the growth rate of earnings increases above the PE ratio, the PEG ratio becomes smaller, and as growth goes lower, PEG becomes higher. Sell the stocks above a PEG of 1+ and buy the ones below 1-, could be a valid strategy. 

Similarly, users may buy and sell and follow these stocks in the currency of their choice, all in one account on one screen from a single unified platform.

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BlockFI the latest crypto collapse

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The contagion from the FTX crypto collapse has claimed another major scalp.

Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy.

BlockFi claimed more than 100,000 creditors with liabilities up to $10 billion.

BlockFi was founded in 2017 and is now hoping bankruptcy protection will allow it to stabilize the company and restructure.

In a statement, the company says:

“With the collapse of FTX, the BlockFi management team and board of directors immediately took action to protect clients and the Company,”

“From inception, BlockFi has worked to positively shape the cryptocurrency industry and advance the sector.”

Days after FTX declared bankruptcy, BlockFi said it had significant exposure to FTX and its other corporate entities.

BlockFi is now the fourth crypto-focused company to seek bankruptcy protection this year, following FTX, Voyager Digital, and Celsius Network.

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It’s Musk v Twitter in tech war

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A war has broken out between Elon Musk in his battle against Apple.

In a tweet, owner Musk says Apple may ban Twitter from the App store, which would be devastating for his company, and wonders if it has to do with free speech. He even tagged Apple boss Tim Cook.

Musk says: “Apple has threatened to withhold Twitter from its App Store, but won’t tell us why.”

This all comes in the wake of other organisations allegedly following Apple’s suit and cutting back their advertising spending since the $44 billion Musk takeover.

General Mills and Pfizer have been two companies that have gone down this path and diverted their spending elsewhere.

Right now users can still see ads in their Twitter feeds.

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China protests hit global markets, crypto

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Investor watches markets

The protests in China are having a negative impact on cryptocurrencies and markets around the world.

Bitcoin failed to break its descent and fell more than 3 percent.

The global crypto market cap fell over 2%, sending major cryptos into the red.

Over the last 24 hours, overall crypto market volume grew by 22%.

It comes amid a round of investor nervousness in global markets spurred by protests in China against Covid restrictions.

Protesters outraged by harsh COVID-19 regulations called for China’s strong leader to quit.

China is the world’s second-largest economy and has a significant impact on global financial markets.

Stocks and cryptos aren’t considered safe havens, leading to bearing price action.

Analysts are hoping for a sharp bullish reversal if and when the protests end.

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