I tend to think undervalued stocks you need to have dividend play otherwise it makes no sense. Usually such stocks do not come under the radar of large institution buyers like it nor not it is their funds that move stocks and hence "return" in form of stock appreciation but usually these big buyers are not interested in such small cap. So if you play undervalued stocks that are small cap you need to look for dividend plays otherwise what is your "return" ?
if you buy undervalued "small cap" stocks and sit on it hoping for a takeover is like waiting for your house to get enbloc offer it can happen anytime between now or never.
if you buy undervalued "small cap" stocks and sit on it hoping for a takeover is like waiting for your house to get enbloc offer it can happen anytime between now or never.