2023-08-17 08:51:23 ET
Just because a stock is cheap compared to its peers or to the wider market doesn't make it an obvious buy. Negative sentiment is often appropriate, after all, and the collective judgment of millions of investors can be right -- much of the time.
In other cases, stocks can be put on the bargain aisle for questionable reasons, including worries about short-term growth. And shares can become cheap because Wall Street has lost interest in a sector while chasing the next big thing.
Let's look at three stocks that seem like bargains for a mixture of these reasons. Read on to see why Garmin (NYSE: GRMN) , Okta (NASDAQ: OKTA) , and Chewy (NYSE: CHWY) could deliver excellent returns from here.
For further details see:
3 Top Bargain Stocks Ready for a Bull Run