Four midcap stocks near 52-week highs that still look cheap
Four midcap stocks near their 52-week highs are identified as undervalued, with all trading below their historical price-to-earnings or price-to-book ratios. AU Small Finance Bank, for example, has seen a 41.6% stock rise over the past year, with profits growing faster than its share price, making it relatively cheap despite a high price-to-book ratio. Investors are advised to consider these stocks for potential value amidst rising prices.