2 Cheap Retail Stocks That Have Been Battered in 2022
November 08 2022 - 11:48AM
TipRanks
2022 has not been a kind year for many top retailers that flexed
their muscles in 2020 and 2021. With Best Buy (NYSE:BBY) and RH
(NYSE:RH) surrendering a massive amount of the gains enjoyed since
their bottoms of 2020 over escalating recession fears, valuations
are nothing short of compelling from a historical standpoint. We'll
use TipRanks' Comparison Tool to look at two durable retailers that
seem heavily oversold following one of the worst post-Fed reactions
in more than a year. Best Buy (BBY) Best Buy is an electronics
retailer down almost 50% from its all-time high.
https://www.tipranks.com/news/article/2-cheap-retail-stocks-that-have-been-battered-in-2022?utm_source=advfn.com&utm_medium=referral
Best Buy (NYSE:BBY)
Historical Stock Chart
From Feb 2023 to Mar 2023
Best Buy (NYSE:BBY)
Historical Stock Chart
From Mar 2022 to Mar 2023