Tough day for travel ✈️ and solar ☀️.
$CCL, $NCLH, $UAL, $CZR, $SEDG, and $ENPH are all among the worst-performing stocks in today's market. Let's take a look at their recent fundamental performance to see if this is well deserved or an overreaction.
Each of these companies are down more than 5% during today's trading session.
Each of these companies are also down more than 30% from their recent highs but have seen explosive growth with the reopening of the economy.
Despite this growth, only the two solar companies saw positive net income in the most recent quarter.
After accounting for their recent sell-offs. Here is how these stocks compare based on their forward revenue expectations.
What do you think? Are these sell-offs warranted? Are any of these stocks attractive at current prices? Why, or why not?
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I sold back my original Daqo position last week. It was up 52% in less than 2 months; I left the profit in the position. If I get lucky like that, I’m not greedy. Today was their biggest drop I’ve seen in a bit.