High-Quality Stocks to Buy That Are Trading Below Fair Value Amidst the selloff in the stock market, investors are increasingly focused on identifying high-quality stocks that are trading below fair value. Different analysts may use different quantitative methods to find the fair value of a stock. For instance, Morningstar arrives at a company’s fair value by determining “how much we would pay today for all the streams of excess cash generated by the company in the future.” Their analysts use a “detailed discounted cash-flow model” that factors in projections for a firm’s income statement, balance sheet, and cash-flow statement. 7 Growth Stocks to Buy for a Rich Retirement Investors have access to various market screeners to find high-quality stocks that trade below fair value. I used a screener offered by paywalled InvestingPro (a free trial is available). With that information, here are seven high-quality stocks that are currently trading behind fair value: BAC Bank of America $32.26 LEVI Levi Strauss $16.80 LOGI Logitech International $53.25 LOW Lowe’s Companies $174.72 NKE Nike $102.78 WHR Whirlpool $161.03 WGO Winnebago Industries $50.40 Bank of America (BAC) Source: 4kclips | Shutterstock.com 52-week range: $32.96 – $50.11 Bank of America (NYSE: BAC ) is one of the largest financial institutions in the U.S.