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Is Dick's Sporting Goods Stock a Buy?

TheMotleyFool

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Is Dick's Sporting Goods Stock a Buy?Photo, wide shot, wide-angle lens, Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/bda07ced-e79e-4489-b731-ada601660c8e.png

The largest sporting goods retailer in the U.S. is Dick's Sporting Goods (NYSE: DKS), and its stock is down 50% in 2020 year to date. To be sure, business is not great at the moment -- its stores have been closed since March 18 due to the COVID-19 pandemic.

Those who sold the stock surely believed it was the right decision, but could it actually be a smart contrarian move to buy Dick's stock right now? The answer is complex.

Image source: Getty Images.

Source Fool.com

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