BYND - The Children's Place: Buy This Beaten Down Retailer Now

Legendary investor Howard Marks once said that investment opportunities exist where there is excessive pessimism built into an asset class or a security. Unemotional and diligent investors can take advantage of the market's extreme pessimism and buy great businesses at attractive prices, creating a great risk-reward-scenario. Using the same analogy, I believe that we are currently seeing this across the retail sector, with Amazon’s (AMZN) growth, disruption of e-commerce and changing consumer demographics.

Looking at The Children’s Place (PLCE), the market is treating this stock as any other declining and cyclical