3 Beaten-Up Tech Stocks: Are They Bargains?
The tech sector has performed well this past year, for the most part, but that doesn't mean there aren't a few companies that are suffering. Take for instance Verizon Communications (NYSE: VZ), Snap Inc. (NYSE: SNAP), and IBM (NYSE: IBM). Their share prices all fell far below the S&P 500's overall gains of about 17% this year and each is trading at a significant discount compared to their peers.
But that doesn't necessarily make all these stocks a bargain, so let's take a closer look at what's going on with each company and which ones might see their share prices turnaround.
Image source: Getty Images.
Source: Fool.com
Verizon Communications Inc. Stock
€39.53
-0.450%
The stock is one of the favorites of our community with 21 Buy predictions and 1 Sell predictions.
With a target price of 42 € there is a slightly positive potential of 6.26% for Verizon Communications Inc. compared to the current price of 39.53 €.
