Down 50% This Year, Is Revolve Group a Bargain Stock Right Now?
When making investment decisions, it can be tough to go against the grain. If everyone is selling a stock, you might think: Why should I buy it? But if you're going to dabble in individual stocks, sometimes you have to zig when others zag and pick up shares of beaten-down stocks because your conviction in their potential holds strong.
Revolve Group (NYSE: RVLV) is one such stock that has gotten little love in 2022. The online fashion retailer, which focuses on serving millennial and Gen Z shoppers, is down 52% this year, making it one of the worst-performing retail stocks out there. Let's take a look to see if this sell-off has been warranted or if the stock looks like a bargain right now.
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Source Fool.com