Wall Street Expects This Cheap Stock to Grow 60%

It's been a tumultuous few weeks in the stock market with fears about the pandemic and economy sending prices down across various sectors. Many companies were overvalued to begin with, making it difficult to find great buying opportunities even among the stocks experiencing steep losses. But they do exist and often not where you'd expect. One such stock is Levi Strauss and Co. (NYSE: LEVI).

Levi's stock trades at less than 20 times trailing 12-month earnings, and Wall Street expects this modest stock to gain 50% or more over the next year. Here's why it might be a great addition to your portfolio.

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Source Fool.com