Two posters just assert that VLY is undervalued and a buy, but they did not provide any evidence.
VLY is fairly valued based on the known information. And what do they know that is not known to all?
I don't see VLY going anywhere in the next year. I hope that I'm wrong because I have open sell orders in case the price moves up a bit.
The best thing about VLY is the dividend, which of course is on shaky ground.
Can you not read and comprehend? I gave TWO reasons why this stock is UNDERVALUED. I could care less if disagree.
To be redundant, I said that VLY is fairly valued based on the known information. What you said is old news that is factored into the price. VLY is NOT undervalued IMHO.
I hope that VLY takes off. I want out, but at a higher price. Until that happens, I'll use the dividends to pay bills or to invest in better places.