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Three Famous Stocks That Are Incredibly Cheap

Buying stocks is a rather complicated business. Investors must consider several factors such as the stock's’ price, the company’s track record, and the stock’s performance so far. More often than not, depreciating stocks are something that most investors shy away from. And for good reason. It is because such assets are expected to keep declining. However, there is one instance where a depreciating stock could be good for you. It’s when the stock belongs to a big and famous company.

The thing is, buying cheap stocks from a company whose historical track record shows resilience means that what you’re actually buying is a bargain investment. In this article we’ve compiled three famous companies whose stocks are currently in the cheap area. Go ahead and see if you’ll find one you’ll like.

Tempur Sealy International (NYSE:TPX)

This titan of the manufacturing industry holds the title for the world’s biggest bedding supplier. They make mattresses and other bedding-related products. This famous company’s stock is down by 19.5%. The reason why you’ll still want to invest in them despite their lately lackluster performance is because prior to this they were having a really good year. The company’ second quarter earnings went beyond projections and it’s shares boost to 17% in one day. The bottomline is, we see that this downtrend is for the short-term.

Tyson Foods (NYSE:TSN)

A leader in the food industry, Tyson Foods has been recently hit with setbacks that caused its stocks to go down by 22.1%. As the largest meat processor of chicken, beef, and pork, Tyson Foods doesn’t look like it will go down anytime soon. This decline in stock prices is a clear opportunity for investors to get a share of this prosperous company. It is speculated that the retreat is caused by the announcement that its CEO Donnie Smith will be resigning before 2017. So once the market has soaked in this news, it is expected that Tyson Foods will get back on its path to a fruitful year. So, buy now before prices soar up again.

Hertz Global Holdings (NYSE:HTZ)

The superstar of the car rental industry, Hertz Global Holdings is currently down by 48.4%. The cause of the decline has been identified as the miscalculation of the resale market for compact and midsize cars. This resulted in a massive vehicle depreciation which was as much as 14% while car rental rates also flopped. Despite this situation, Hertz is currently fixing the problem through cost-cutting. It is widely believed to recover.

Investing on cheap stocks can be an extremely smart move if done with proper research. So go ahead and find bargains in the market now.

 

Created by : Chuck
Published : 17 Nov 2016

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