2 Market Overreactions I Bought Last Week

I went bargain hunting last week. I bought shares of Dick's Sporting Goods (NYSE: DKS) and added to my existing position in Genius Sports (NYSE: GENI) on Tuesday. The two stocks were falling after posting fresh quarterly results. 

I'm not a "buy the dip" investor, but that doesn't mean I can't spot a market overreaction when I see it. I believe the market got both reports wrong, and even though the stocks would continue to slide through the holiday-abridged trading week, I stand by my latest portfolio moves. 

Image source: Getty Images.

Continue reading

Source Fool.com