Value investors screening for companies hitting 52-week lows will come across Conn's Inc. (CONN). After all, the stock has been in freefall mode since mid-December of last year, when the company reported disappointing third-quarter results.
Sporting a very appealing P/E multiple of 2.66, CONN does look like a deep value play. The trend of articles published on Seeking Alpha has been bullish overall. Even before the third-quarter results, CONN was trading at low earnings multiples which attracted the interest of value investors.
We believe this company is not a good investment. There is