Seeking out and buying into undervalued companies can be a very lucrative investment strategy, especially over a long-term timeline. It allows investors to minimize potential losses that otherwise may occur with a much more overvalued stock and can provide significant growth potential.Let’s explore some companies that are trading at a reduced P/E ratio compared to their corresponding sector average. Furthermore, they have recorded impressive share price appreciation over the past year.Costamare (CMRE)Source ...