While the number of stocks on "sale" seems to be growing exponentially in 2022, the three businesses we'll look at today have dipped to valuations that buy-and-hold investors should consider. First, with Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Adobe (NASDAQ: ADBE), we have two of the biggest names in technology, trading with price-to-free-cash-flow ratios they haven't seen since 2013. Meanwhile, SoFi Technologies (NASDAQ: SOFI) now trades at around $5 per share, despite having over $3 worth of tangible book value per share on its balance sheet, and rapidly growing revenue. Read More...
While the number of stocks on “sale” seems to be growing exponentially in 2022, the three businesses we’ll look at today have dipped to valuations that buy-and-hold investors should consider. First, with Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Adobe (NASDAQ: ADBE), we have two of the biggest names in technology, trading with price-to-free-cash-flow ratios they haven’t seen since 2013. Meanwhile, SoFi Technologies (NASDAQ: SOFI) now trades at around $5 per share, despite having over $3 worth of tangible book value per share on its balance sheet, and rapidly growing revenue.
