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Is it still worth investing in stocks now?

Updated Oct 21, 2026 · 24,818 valued stocks

+13.8 %
The market sits above fair value
Cap-weighted across all valued stocks, measured against aggregate fair value.

This is exactly what the tool was built for: it calculates the fair value of 35,000 stocks and shows which of them trade below it today.

Open the tool
100expensivecheap112201520162019202220252026

100 means fairly valued. Above that the market is expensive, below it is cheap. The line is the average across all valued stocks, one point per year.

What that means for you

An expensive market is no reason to stay out, and no reason to buy everything at once. The three lines below are the order this tool was built for.

1
The base keeps running: broad and automatic A broad ETF savings plan is the part that does not depend on the market level. It keeps running while the market is expensive, and it automatically buys more units when prices fall.
2
Single stocks only with money you can do without Single stocks are the part where the price matters. That is what fair value is for: not guessing whether a stock is expensive, but calculating it and seeing the gap.
3
Keep some cash while the market is expensive Keeping part of your money liquid while the market is high means you can buy later, when the same companies cost less. That is not a forecast, it is the ability to act.

Where the opportunities still are

The average says little about any single sector. The range below shows how far apart they are, from cheapest to most expensive. A click opens the screener with that sector.

Sectorvs fair valueStocks
Communication Services −13.6 % 925
Health Care +10.7 % 1,805
Real Estate +10.9 % 1,657
Financials +12.5 % 2,989
Consumer Discretionary +14.5 % 3,359
Information Technology +14.9 % 3,242
Materials +19.5 % 2,857
Consumer Staples +23.0 % 1,626
Industrials +23.1 % 4,835
Energy +26.1 % 817
Utilities +30.9 % 622

Five stocks worth a look right now

Undervalued AND of good quality, from the running evaluation. The quality score measures the business, not the price; the potential is the gap from price to fair value.

StockPriceFair ValuePotentialQuality
EXEL
Exelixis IncQ 94
64.39 109.13 +69.5 % 94
EDV
Endeavour Mining CorpQ 87
41.43 67.55 +63.0 % 87
EVR
Evercore Partners IncQ 83
252.10 407.98 +61.8 % 83
PGHN
Partners Group Holding AGQ 81
611.40 979.58 +60.2 % 81
ZTS
Zoetis IncQ 79
80.04 110.50 +38.1 % 79

How to go about it

This is exactly the question the Fair Value Calculator was built for. Three steps, always in this order.

1
Place the market Is the whole market above or below fair value? That decides how much you put in now and how much you hold back.
2
Place the sector Even in an expensive market not every sector is expensive. The table above shows where the gap is smallest.
3
Check the single stock Only then the stock itself: fair value against price, quality of the business, and how solid the data behind it is.

Open undervalued quality stocks Set your own filters

Common questions

Is it still worth investing in stocks now?

Cap-weighted across 24,818 valued stocks the global market sits 13.8 % above its aggregate fair value (as of Oct 21, 2026), i.e. above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high.

Which sectors are still cheap right now?

The range is wide: Communication Services sits -13.6 % above fair value while Utilities sits 30.9 %. An expensive average does not mean every sector is expensive.

Should I wait until the market falls again?

Nobody knows the timing. That is why the answer is a split, not a bet: the broad savings plan keeps running and automatically buys more units when prices fall, for single stocks the gap to fair value is what counts, and a cash remainder keeps you able to act when things get cheaper.

Are there undervalued stocks even in an expensive market?

Yes. From the running evaluation this page lists 5 quality stocks with a gap of 38.1 to 69.5 % to fair value, and the cheapest sector sits at -13.6 %.

Not financial advice. All figures are model-based estimates from publicly available company financials and take into account neither your personal situation nor your investment horizon. As of Oct 21, 2026.