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ASOMF - ASOS: The Market Is Pricing The End Of The World
Asos Plc Ord
ASOS has a strong brand and global footprint, and its geographic expansion offers an excellent opportunity for growth.
The appointment of the new CEO has removed a great deal of uncertainty, even if the market seems to focus only on the negative aspects while ignoring the good ones.
The current problems offer an interesting buying opportunity, especially considering the company's valuation. Further, the low stock price offers an excellent risk/reward.