Active Equity Investing: Fundamental Strategies Analysis

In the context of active equity investing, various fundamental strategies can be employed to achieve superior returns. Consider a hypothetical investment firm, Apex Equity Capital, which specializes in identifying undervalued stocks based on intrinsic value analysis. The firm systematically analyzes financial statements, evaluates management quality, and assesses market conditions to select stocks with potential upside.

A recent analysis performed by Apex Equity Capital identified three sectors: technology, healthcare, and consumer discretionary, where they believe investors have undervalued certain stocks due to market overreactions. Discuss how Apex Equity Capital can use fundamental analysis techniques to identify investment opportunities in each of these sectors. Provide specific examples of metrics or indicators that informed their investment decisions and consider potential risks associated with each sector.