After Dropping Nearly 70%, Is It Time to Buy Scotts Miracle-Gro Stock Yet?
Lawn and garden care products company Scotts Miracle-Gro's (NYSE: SMG) market value fell 67% last year. However, over the past three months, its shares have climbed back up by around 20%. Bargain hunters may see the stock being worth the risk now, but Scotts' finances are more complicated than that.
Is it time to buy the stock?
Scotts operates in three segments: Hawthorne, Consumer, and Other. Of the three, Hawthorne took the biggest hit last year.
Source Fool.com