Is Stitch Fix Stock a Buy?
You want an exercise in futility? Try buying a stock based solely on how its stock price swings. Stitch Fix(NASDAQ:SFIX) exemplifies this futile exercise perfectly. After all, some investors just look for stocks that are down. These investors may want to buy Stitch Fix considering it’s almost 60% below 52-week highs.
However, other investors avoid stocks that have already appreciated significantly. These investors, therefore, probably don’t want to buy Stitch Fix — they feel like they’ve missed…
