2023-04-28 05:05:00 ET
Investors were happy to close the books on 2022 and look to greener pastures in the new year. While the blue chip-centered S&P 500 index and tech-focused Nasdaq Composite have rebounded around 6% and 13%, respectively, year to date, there are still interesting opportunities to score deep values.
Some companies are struggling to grow revenue right now, sending their stocks to rock-bottom prices. But some of these companies possess qualities that point to better days ahead. Because the market doesn't yet recognize the value in these companies, investors can buy them at dirt cheap valuations.
Stitch Fix (NASDAQ: SFIX) and CarMax (NYSE: KMX) are completely different businesses. One is a personal styling service, while the other sells used cars. However, both companies use data science to serve their customers.
For further details see:
2 Absurdly Cheap Stocks That Could Double Your Money