3 Cheap Stocks to Buy Right Now
While the stock market has rallied nicely so far in 2023, some individual companies continue to fly under the radar -- perhaps outshone by investors' excitement over artificial intelligence or other hot trends. Of course, sometimes a stock is cheap because it deserves to be. But at other times, the market may simply have an unwarranted negative sentiment about a fundamentally good company.
Here are three stocks that could be falling victim to the latter.
Pinterest (NYSE: PINS) is a social media company that essentially serves as a one-stop shop for inspiration. Although Pinterest is up about 4% year to date, investors haven't been all that sold on the company recently, with its stock dropping over 23% in one week after reporting its first-quarter 2023 earnings.
Source Fool.com