BOSTON ( TheStreet) -- Evidence is building that the overheated stock market is ready to take a breather, so investors may want to hunker down with high-quality, but undervalued, stocks. They may be hurt less in the event of a market tumble and have more upside in a subsequent rebound.S&P Capital IQ's chief equity strategist, Sam Stovall, said Monday that among the indictors that a correction is nigh is that the S&P 500's roughly 29% gain of the past six months exceeds the 24% average in the severe corrections or mild bear markets since 1945, and it is approaching the 32%, 12-month average increase seen in such recoveries.
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