Over the last six months, Avnet’s shares have sunk to $49.04, producing a disappointing 9.8% loss while the S&P 500 was flat. This may have investors wondering how to approach the situation.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
