Yikes! This could be the most undervalued growth stock in the FTSE 100
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The market volatility over the past month has meant many investors have been focusing on surviving rather than thriving. Yet the bank holiday period has provided me with some time to look at things more objectively. When filtering for growth stocks, there’s one that has suddenly caught my eye.
Falling over the last year
I’m referring to JD Sports Fashion (LSE:JD). The stock has fallen 37% over the past year due to several factors.
One of the main ones has been the lowered financial guidance and profit warnings over this period. Regardless of the reasons behind lowering guidance, it causes investors to rethink the value of a company. Future share price forecasts are based on a…
