Source: Home Textiles Today
With this article I am getting back to my roots, deep value micro cap stocks. The last such article I wrote was six moths ago.
The COVID-19 recession has created many victims but also some opportunities. Numerous companies, especially retailers and oil & gas companies, that were struggling before were pushed into bankruptcy by COVID-19. Most retailers like Pier 1, J.C. Penney, and GNC had high leverage, rapidly declining sales, and exposure to Amazon. Tuesday Morning is different on all accounts. Leverage is relatively low, sales are actually increasing after being