Even with the S&P 500 back at a record, analysts see these stocks as cheap long-term winners

People exit the Adobe Systems office in San Francisco, California.
David Paul Morris | Bloomberg | Getty Images

The S&P 500 reached a new high earlier this week and the incredible comeback has raised concerns that stocks may have come too far and are overvalued given the still unfolding pandemic.

But analysts still see many quality stocks that offer value here for the long haul.

CNBC Pro examined Wall Street research for stocks that are well-positioned to outperform in the future.