WSM - Williams-Sonoma Is Down 47% From Its High: Time to Buy?
2023-03-29 08:30:00 ET
The stock market has been going through a rough stretch with the S&P 500 down 17% from its all-time high reached in early 2022. But that doesn't necessarily mean there's cause for alarm -- long-term investors can look to buy shares of high-quality companies at a potential discount.
Delving deeper into a company's fundamentals remains the key to unlocking these gems. Does Williams-Sonoma (NYSE: WSM) , with its stock 47% lower than its November 2021 record price, represent a bargain? Let's look closer to discover if it's truly a value stock .
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Williams-Sonoma Is Down 47% From Its High: Time to Buy?