Morningstar finds undervalued financial services stocks attractive now

Financial services stocks, including Western Union and TransUnion, are currently undervalued, according to Morningstar analysts, offering potential investment opportunities. The Morningstar US Financial-Services Index has risen 7.27% year-to-date, outpacing the broader market. Morningstar identified several undervalued financial services stocks based on their price-to-fair value metric, economic moat ratings, and uncertainty ratings. The list includes companies like Western Union, which is trading at a 50% discount to its fair value, and TransUnion, trading at a 23% discount. Investors can find more potential opportunities by using Morningstar's resources, including stock screeners and sector pages. The article also highlights other undervalued stocks in various sectors, such as healthcare and energy.