We have closed the books on a strong first half of the year for the U.S. stock market, something that a lot of people overlooked. Now we embark on the second half of the year, which could bring some challenges, though July historically is the market's best-performing month.

In today's video, I will cover four high-quality stocks that appear cheap from a valuation perspective and may be worth a second look. One of those stocks is Johnson & Johnson (JNJ -0.36%), a stock currently trading at a 52-week low.

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*Stock prices used were end-of-day prices of June 27, 2024. The video was published on June 28, 2024