Stocks Down OVER 50%. Are They A Buy Now?

So I found 7 stocks that lost a ton of money because of the pandemic, because they have been affected by it, directly or also indirectly

1. Under Armour (UAA)
– They Make Shoes, Sportswear and they even have influencers like the Rock under their belt. ( although that is not a good signal of a good company alone)
February: $20.25
Now today Present: It’s at $7.70

Overall: They are losing money, and are in direct competition with Nike and Adidas. Reports also show they have been struggling pre-pandemic, so with retails stores closing down, this just kinda made things worst for them.

Tip: At their peak back in 2015 they were trading at almost $50 per share.

2. Nordstrom, Inc. (JWN)
– They are semi high-end retailers with over 74,000 employees, and around 117 stores in us. The more retail cloths these companies close down the more they can invest in marketing campaigns.

February: $41.08
Now today Present: It’s at $16.37

Tip: their stock has gone as high as $80 back 2014

3. AMC
– The modern Blockbuster, they have been trying for a while to introduce reward programs, with the VIP and stuff. However, it’s a dying business. And all the pandemic did, was basically speed things up. ( but rumors of amazon buying them out, spike the stock, but then amazon said now)
February: $7.46
Now today Present: It’s at $4.52

Tip: their stock has gone as high as $33 back 2016, which shows you just because a stock has gone up, doesn’t mean it’ll go back up.

4. Dave and Busters
– Another company that relies on public gatherings which took a massive hit. ( I love Dave and Busters, however, don’t know how likely people are to go back, and how long it’ll take people to relax)

February: $46
Now today Present: $9.75

Tip: I think as soon as news comes that lockdown is over, this stock is going to spike. ( but before investing we gotta look at the financials)

5. Macy’s
– One of the oldest retail stores that have been throw bankruptcy before back in 1990. It also took a massive hit, because they had to close down the store. And no one is going to line up to buy clothes.

February: $16.67 per share
Now today Present: $5.31

Tip: JCP and Neiman Marcus have both filed for chapter 11 bankruptcy, to help restructure debt.

6. Delta
– One of the best airlines in the US, that has also been affected because guess what the last thing people want is to go overseas or go to an airport where the odds are higher.

January: $55 per share
Now today Present: Now they are at $19.19

Tip: Most people know the airlines are still essential long term and should recover in the long term. They also employ around 86k people.

7. JPM
– One of the biggest bank in America,

February: $137 per share
Now today Present: Now they are at $85.90

However Comment down below if you guys want me to do a video on top gainers, For example, Netflix went from as low as $298 this month to $450.

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

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