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Savvy investors know how to bank on the undervalued stocks in sectors Wall Street doesn’t quite yet understand. Here’s where to find those sectors and stocks right now.

Expedia’s blowout earnings prove it: people are booking more fares and generating greater revenue for the airline sector. How many other sectors have this early warning system—or price earnings multiples of seven or less?

Indeed, the most undervalued, feared and misunderstood sector on Wall Street right now is the airline group.

Where should investors look? Check out these high flyers.

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