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CBAUF - Coronavirus Beaten Down Stocks/Funds Series - Commonwealth Bank Of Australia
Cmnwlth Bk Australia
This article first appeared on Trend Investing on April 14, 2020; therefore, all data is as of this date.
In this 'coronavirus beaten down stocks/funds' series of articles I look at both stocks and funds that have been beaten down due to the COVID-19 (coronavirus) market sell-off and are near or below their 5 year low, are very well valued, and have potential to rebound strongly as we recover.
Today I look at Commonwealth Bank of Australia ("CBA"), which is Australia's largest retail bank. The stock has been heavily sold down 33% in the past