With a market that’s still hitting new highs daily, finding good companies at a reasonable valuation is surprisingly easier to achieve than you might think.
Scouring the universe of stocks, I identified Honda Motors (NYSE: HMC), Malibu Boats (NASDAQ: MBUU), and TJX Companies (NYSE: TJX) as stocks that look as if they not only trade well below the market average, but can also be expected to grow earnings at a respectable pace for the next few years.