Top 4 Undervalued Stocks to Watch in 2024

Smart investors are always trying to get the best possible deal on whatever security or asset they are buying. The better the deal, the higher the chance of generating a substantial ROI. To do so, we use a wide array of tools to try and analyze today's top undervalued stocks. Within this report you'll find 4 stocks selling below intrinsic value with growth potential.

By clicking the link above you will automatically opt-in to receive emails from SmartMoneyTrading

California moves closer to requiring new pollutant-warning labels for gas stoves

SOPHIE AUSTIN
May 13, 2024

SACRAMENTO, Calif. (AP) -- California could require all new gas stoves sold in the state to carry a label warning users about pollutants they can release that have been linked to respiratory illnesses.

The state Assembly approved a proposal Monday that would require the label on gas stoves or ranges made or sold online after 2024, or sold in a store after 2025. The bill now heads to the state Senate.

Proponents of the legislation say it is a necessary step to help address childhood asthma and other respiratory problems. Opponents say the legislation is unnecessary and that the state should focus on promoting better ventilation in buildings to improve air quality.

"Despite the growing body of evidence about the health risks of gas stoves, most of this isn't common knowledge," said Assemblymember Gail Pellerin, a Democrat representing part of Santa Cruz County. "This bill will help the purchaser make more informed decisions about gas stoves and oven appliances."

The bill passed largely along party lines and with no debate.

The label would warn users that breathing in large concentrations of chemicals, such as nitrogen dioxide, carbon monoxide and benzene, could "exacerbate preexisting respiratory illnesses and increase the risk of developing leukemia and asthma, especially in children." It would also state that ventilation can lower the risk of exposure to these chemicals.

Gas stoves have been at the center of hot political debates in recent years over climate policy, childhood health and consumer choice. In 2019, Berkeley, California, became the first city in the country to adopt a ban on natural gas in new homes and buildings, but courts blocked that law upon a challenge from the California Restaurant Association. The city recently halted enforcement of its policy after a federal court refused to hear an appeal.

The latest California proposal was inspired by a similar bill in Illinois that has not passed, said Jenn Engstrom, state director of the California Public Interest Research Group, a nonprofit advocacy group.

Outside of California, New York state passed a law banning natural gas stoves and furnaces in most new buildings starting in 2026. Last year, the Republican-controlled U.S. House of Representatives approved a bill that would have banned the use of federal money to regulate gas stoves as a hazardous product. The bill has not been approved by the Senate.

California voters already approved a law in the 1980s requiring warning labels on gas stoves and other products if they expose people to significant amounts of chemicals that cause cancer, birth defects and reproductive harm. The label required under this year's proposal would go further by mentioning respiratory illnesses.

About 40% of U.S. households cook using gas as a heat source, according to The Association of Home Appliance Manufacturers, which opposes the California bill.

"Adding yet another label to gas cooking products does not address the overall concern of indoor air quality while cooking," spokesperson Jill Notini said in an email. "All forms of cooking, regardless of heat source, generate air pollutants, especially at high temperatures."

People can improve ventilation while cooking by using a range hood and by making sure the range hood vents to the outdoors, according to the California Air Resources Board. People whose kitchens do not have a range hood should use a fan or open windows while cooking, the agency says.

There is growing evidence that chemicals released by gas stoves can worsen symptoms for people with respiratory problems, such as asthma, said Dr. Lisa Patel, a pediatrician and executive director of the Medical Society Consortium on Climate and Health. There is also concern that they could contribute to childhood asthma cases. She compared what has become a culture war over gas stoves to fights in the past to regulate seatbelts and tobacco products.

"We're going through another moment where something that feels like an institution in our homes, suddenly we're being told that it's bad for our health," Patel said. "It's not because it wasn't bad for our health all along. It was just that we didn't have the data before. We have the data now."

___

Austin is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Austin on the social platform X: @sophieadanna

Continue Reading...

Popular

The US fines Middle Eastern airline Emirates $1.8 million for flights that passed too low over Iraq

WASHINGTON (AP) — The Transportation Department said Thursday that it fined Middle Eastern $1.8 million for flights in regions off-limits to U.S. airlines while it allowed JetBlue Airways to sell seats on the planes.

Roku Eyes Enhanced Advertising Tech - Inks Pact With Fandango To Boost Ad Campaign Analytics

Roku reported Fandango partnership; aims to optimize ad spend and boost ticket sales via enhanced insights and advertising technology.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Microsoft Is Betting Big on AI, Outpacing Rivals with New Strategy

Satya Nadella, CEO of Microsoft, bet on AI future by partnering with OpenAI and investing in startups. Analysts see Microsoft as top public cloud leader by 2032.

The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents) - Ad

25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.

Warren Buffett's "Mystery Stock" - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

Top 2 Utilities Stocks That May Rocket Higher In June

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

What's Going On With Novavax Stock?

Novavax, Inc. shares are trading higher Wednesday, and the stock is up by more than 300% over the past month. Here's a look at what's going on.

Elon's New A.I. Device is About to Shock the World - Ad

Using this device you see... Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in... "The next step in human evolution."

Why Is Eli Lilly Stock Trading Higher Premarket Tuesday?

Shares of Eli Lilly surged as an FDA advisory committee endorsed donanemab, an Alzheimer's treatment shown to significantly impact early-stage patients. The drug's benefits outstripped risks, setting the stage for a final FDA decision.

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

Does 'Sell In May And Go Away' Work For Bitcoin? This Researcher Crunched The Numbers

Crypto researcher TradeTheFlow challenged the prevailing notion that summer is a dull period for cryptocurrency markets, particularly Bitcoin (CRYPTO:

Obama's 2024 Surprise: His Secret Plan to Finish What He Started - Ad

The ONLY way Democrats can keep the White House is to bring back Barack Obama. And there's a sneaky (yet 100% legal) way to achieve this. In fact, this disaster scenario is already underway. See what they're up to, and how you can get ready today.

Apple Logo On Future iPads May Be Positioned Differently: 'A Product That Is Used In Portrait Mode, But...'

Apple designer has hinted at a potential design change for future iPad models, suggesting the iconic "bitten apple" logo could be repositioned to better suit landscape orientation.

Younger Generations Are Accelerating The Demise Of Mutual Funds

Mutual fund decline continues as ETF ownership rises, driven by lower costs and personalized solutions. Advisors must adapt to meet investor needs.

Exposed: 3 Cent Crypto to Explode June 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

JPMorgan's Top Strategist Sticks To Bearish S&P 500 Forecast, Warns Of 2008-Like Crash: 'Equities Continue To Price In Little Downside Risk'

JPMorgan Chase maintains bearish outlook on US stock market, predicting decline despite record highs. Fed may adjust projections and risks are abundant, but S&P 500 forecasts remain unchanged.

Apple's Warranty Updates, iPhone Support Duration, And More: This Week In Apple News

Apple Inc. has been in the spotlight this week with policy changes and revelations. From cracked screen repairs to iPhone support period, here's a round-up of the top stories.

June 24th - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on June 24th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Toyota's Certification Crisis Extends Beyond Japan, Could Impact EU Operations

Toyota Motor Corp. faces severe implications worldwide after discrepancies in vehicle certifications breach United Nations standards, impacting operations across 62 countries including the EU.

Missile attacks by Yemen's Houthi rebels strike 2 ships in the Gulf of Aden, US military says

MANAMA, Bahrain (AP) — Missile attacks by Yemen's Houthi rebels struck two ships in the Gulf of Aden, authorities said Sunday, the latest assaults on shipping in the region.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Biden administration seeks to wipe consumer medical debt off most credit reports with proposed rule

The Biden administration is pushing to prevent from being considered in most decisions made over whether someone qualifies to rent an apartment, buy a car or take on a mortgage.

Don't Buy Bullion or Mining Stocks. Do THIS Instead - Ad

As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.

In Wyoming, Bill Gates moves ahead with nuclear project aimed at revolutionizing power generation

Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will “revolutionize” how power is generated.

Kim Jong Un's Sister Warns Of 'New Counteraction' Against South Korea Over Loudspeaker Broadcasts And Leaflets

The influential sister of North Korean leader Kim Jong Un, Kim Yo Jong, has issued a stern warning to South Korea regarding the resumption of loudspeaker broadcasts and leaflet distribution.

The 7th Trillion Dollar Company? - Ad

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

Visa's Mark Nelsen wants to make your plastic credit card obsolete

Mark Nelsen, Visa’s global head of consumer payments, sees a world where the plastic card in your wallet becomes increasingly obsolete and the standard 16-digit account number becomes worthless.

Is Tesla Done Downsizing? New Job Openings In Sales, Vehicle Service, Energy Storage Signal Growth Strategy Shift

The company now has openings for field service technicians for its energy storage segment as well as an opening for a Megapack sales engineer based out of Palo Alto.

PASSIVE INCOME (by this evening) - Ad

Hey, I have an unique opportunity for those looking for additional ways to earn income right now. It can be done from home. You can do it in your spare time. And it only takes 6 clicks and as little as $50.

Production starts at Senegal's first offshore oil project

DAKAR, Senegal (AP) — Production has started at Senegal's first offshore oil project, the Australian group Woodside Energy said Tuesday, as the country's new government eyes higher profits from natural resources.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service