These 2 Stocks Are on Sale: Why You Can't Miss Out on This Spectacular Buying Opportunity
Stocks are rarely "on sale" without good reason. In this case, both of these stocks have disappointed the market recently with their earnings reports. That's why their share prices have declined, but I think it looks like a good time to dip the toe in these stocks with a small position to monitor, with a view to buying more as conditions improve. Here's why Zebra Technologies (NASDAQ: ZBRA) and (NYSE: ALLE) are interesting stocks to buy.
You only have to look at how management has adjusted its full-year guidance through the year to see just how tough conditions are for the company right now. The company provides hardware, software, and services that digitize and automate workflows. Its solutions include barcode scanners, RFID devices, readers, mobile computers, etc. Key end markets include retail and logistics (notably e-commerce fulfillment centers).
Our community is currently high on Allegion plc with 3 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 109 € is below the current price of 117.0 € for Allegion plc, so the potential is actually -6.84%.