Warren Buffett’s Berkshire Hathaway Tops Morningstar Financial Stock List

With the KBW Nasdaq Bank stock index falling 17% over the past year, now may be a good time to look at stocks in the financial sector.

At the end of 2022, Morningstar’s hedged median financial services stocks were undervalued by approximately 10% compared to its fair value estimates. About 45% of the financial services stocks covered by the company were undervalued, with undervaluations most common among credit service companies and banks.

Here it is a Morningstar list of the top three undervalued stocks in the sector, in alphabetical order.