Is Gap Stock a Buy?
Gap (NYSE: GPS) was already a troubled retailer before the COVID-19 pandemic struck, and after nearly two months of store closures, it is even more so.
While J.C. Penney, J. Crew, and Neiman-Marcus were largely forced into bankruptcy by the arbitrary nature of which stores were deemed essential and allowed to remain operational, the situation with Gap isn't so dire. With its stock at a 25-year low, let's see whether this makes for an opportune time to buy.
Image source: Gap.
Source Fool.com
