Fundamental analysis shows that stock in Wallace Electronics Corporation has a present value that is higher than its price.
A) This stock is overvalued;you should consider adding it to your portfolio.
B) This stock is overvalued;you shouldn't consider adding it to your portfolio.
C) This stock is undervalued;you should consider adding it to your portfolio.
D) This stock is undervalued;you shouldn't consider adding it to your portfolio.

Question

Quizplus · Accepted Answer

Since the fundamental analysis suggests that the stock's present value is higher than its price, it implies that the stock is undervalued. Therefore, investors should consider adding it to their portfolio.

Fundamental Analysis Shows That Stock in Wallace Electronics Corporation Has