IRBT - 2 Beaten-Down Stocks That Haven't Been This Cheap in More Than 10 Years
2024-04-10 09:53:00 ET
If you're a deep-value investor, there are a couple of beaten-down stocks you'll want to pay close attention to now. These aren't the safest stocks to be holding, as there's a bit of uncertainty into how their futures may play out. But these stocks are trading at heavily discounted prices, and they aren't unknowns by any means in their respective industries, either.
The stocks I'm talking about are Walgreens Boots Alliance (NASDAQ: WBA) and iRobot (NASDAQ: IRBT) . While these may not be suitable options for risk-averse investors, here's why you may want to consider these stocks if you're willing to be patient and can stomach some risk.
Walgreens Boots Alliance has some excellent assets in its portfolio, namely its brand name. When you think of Walgreens, you'll probably think of your neighborhood pharmacy. That brand recognition helps it stand out from the rest, and perhaps draws consumers to go their local Walgreens rather than a big-box giant like Walmart .
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2 Beaten-Down Stocks That Haven't Been This Cheap in More Than 10 Years