Markets Stay Deflated, Big After-Market Beats for LULU, CRWD, DOCU & More
Zacks Investment Research | Jun 03, 2021 05:58AM ET
Markets stayed depleted throughout this trading day, though all major indexes built back from session lows around the opening bell. Despite very strong labor market numbers from Weekly Jobless Claims and ADP Questions or comments about this article and/or its author? Click here>>
h3 Some Discounted Stocks Likely to Bounce Back This Summer/h3
In the current situation, investors should definitely buy the dip in the sector. However, it’s not easy to pick these underperformers as amateurish screening might lead to a value trap, ignoring factors like upside potential and fundamentals.
Hence, we have taken the help of the Zacks Stock Screener to make this task relatively simpler. Amid the current market correction, we have shortlisted five stocks from the relevant sectors that carry a Zacks Rank #1 (Strong Buy) or 2 (Buy) but are undervalued in terms of several metrics.
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