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Here's the prompt I used (which gpt4o wrote this for me). Would welcome any feedback for how to tweak the next run.

Conduct an in-depth analysis to identify the most undervalued companies in the S&P 500 based on fundamental valuation metrics. The goal is to determine which stocks currently present the best value for purchase.
Key Criteria for Valuation:
  • Price-to-Earnings (P/E) Ratio: Identify companies with below-average P/E ratios compared to their sector peers and historical averages.
  • Price-to-Book (P/B) Ratio: Look for stocks trading below their book value, particularly in asset-heavy industries.
  • Discounted Cash Flow (DCF) Analysis: Estimate the intrinsic value of stocks using a DCF model and compare it to their current market price.
  • Enterprise Value-to-EBITDA (EV/EBITDA): Identify companies with low EV/EBITDA ratios relative to historical norms and competitors.
  • Free Cash Flow Yield: Prioritize stocks with strong free cash flow (FCF) and high FCF yield, indicating sustainable profitability.
  • Dividend Yield & Stability: Consider companies offering attractive dividend yields with a history of consistent payouts.
  • Debt Levels & Financial Health: Analyze debt-to-equity and interest coverage ratios to assess financial stability.
Additional Considerations:
  • Exclude companies experiencing severe financial distress, regulatory issues, or major earnings declines.
  • Favor companies with strong revenue growth, increasing margins, and improving operational efficiency.
  • Take into account macroeconomic factors (interest rates, inflation, industry trends) that may affect valuations.
Deliverables:
  • A ranked list of the top 10 undervalued S&P 500 stocks based on the criteria above.
  • A brief summary for each company explaining why it is considered undervalued.
  • Key risks and potential catalysts for stock appreciation.