This Explosive Retailer Is Down 25% in 2022 -- Is It a Buy Right Now?
Physical shopping undoubtedly took a major hit during the pandemic with lockdown orders and temporary store closures seriously impacting brick-and-mortar retailers. The industry was already in a secular decline before the health crisis, which simply exacerbated the problems. Consumers can increasingly find everything they need online.
However, discount chain Five Below (NASDAQ: FIVE) has fought this trend with smashing success. Its stock is up fourfold over the past five years. Yet since the start of 2022, it's fallen 25%. This presents investors with a rare opportunity.
Here's why this unstoppable discount retailer looks like a solid investment today.
Source Fool.com
