Here are 7 essential criteria to identify undervalued stocks

REUTERS/Lucas Jackson When you buy a stock, you want to evaluate if its current price is higher or lower than what it’s worth over the long term. All sorts of events which have nothing to do with a stock’s intrinsic value can affect its price, and frequently this means that stocks are undervalued. For example,Steve Symingtonargues that CenturyLink is currently undervalued because investors haven’t yet accounted for the long-term impact of its imminent merger with Level 3 Communications, wh...