OTLY - Is It Time to Buy This Year's Worst-Performing Growth Stocks?
2023-11-08 14:07:00 ET
The stock market has been unforgiving lately. Plant-based dairy alternative pioneer Oatly Group (NASDAQ: OTLY) and animal wellness leader Petco Health and Wellness (NASDAQ: WOOF) have plummeted over 60% year to date.
But these are no fly by-night wannabes. Your average Wall Street analyst expects substantial earnings growth over the next five years, and these companies are household names.
Beyond the hectic nature of an inflation-flavored downturn, a serene analysis may reveal undervalued potential . Or maybe not -- so let's get to work and find out.
For further details see:
Is It Time to Buy This Year's Worst-Performing Growth Stocks?