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)
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Best Buy (NYSE:BBY)
Historical Stock Chart
From Mar 2022 to Mar 2023 Click Here for more Best Buy Charts.