Investors are always looking for a great deal. This company had a TERRIBLE earnings release and Mr. Market punished this stock accordingly. We have learned over the years though that not all freefalls are the same. Sometimes you find an undervalued gem and sometimes you catch a falling knife. In today's video, we take a look at this apparel giant to see if it is an undervalued stock to buy.
Buying dividend stocks is our key to reaching financial freedom. The goal is to grow your passive income stream and one day, retire early. That's what it is all about!
This company just released earnings this week. Revenue was flat. Margin increased slightly. The numbers were okay.
However, management took a meat cleaver to forward guidance and said that investors should expect a very soft 2024. The worst thing that could happen is for investors to lose confidence in the a management team. Unfortunately, we may just be at that point.
We are excited to hear your thoughts about this company and if you think this dividend stock is a buy right now or if there is still room for the company to continue falling!
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