What's a strong moat, decent growth, non-speculative stock that is currently undervalued now?

Mag 7 had an amazing run up. Chip stocks are kinda speculative imo. I don't like betting on such stocks at their bullish cycles. Moonshot stocks like RKLB and recently, HOVR, really feels suspect to me.

I like SaaS but I feel they are fairly valued than not. What are your picks?