ALLE - These 2 Stocks Are on Sale: Why You Can't Miss Out on This Spectacular Buying Opportunity
2023-09-03 05:02:00 ET
Stocks are rarely "on sale" without good reason. In this case, both of these stocks have disappointed the market recently with their earnings reports. That's why their share prices have declined, but I think it looks like a good time to dip the toe in these stocks with a small position to monitor, with a view to buying more as conditions improve. Here's why Zebra Technologies (NASDAQ: ZBRA) and Allegion (NYSE: ALLE) are interesting stocks to buy.
You only have to look at how management has adjusted its full-year guidance through the year to see just how tough conditions are for the company right now. The company provides hardware, software, and services that digitize and automate workflows. Its solutions include barcode scanners, RFID devices, readers, mobile computers, etc. Key end markets include retail and logistics (notably e-commerce fulfillment centers).
Full-Year Guidance
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These 2 Stocks Are on Sale: Why You Can't Miss Out on This Spectacular Buying Opportunity