Buy Hold Sell: 5 oversold ASX stocks

Buy Hold Sell, by Livewire Markets

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Like most things in life, stock sell-offs come down to simple supply and demand. If there are more sellers than buyers, a company's share price will fall.

But in today's market, nearly 30 companies now trade at 52-week lows and many others have suffered double-digit losses over the last 12 months.

So, are these oversold companies value traps or investable opportunities?

To find out, Livewire's Ally Selby was joined by Perpetual's Nathan Hughes and Hayborough Investment Partners' Ben Rundle.

They analyse three oversold companies and also name two beaten-down stocks that they believe are a buy today.

Note: This episode of Buy Hold Sell was recorded on Wednesday 14 August 2024. You can read an edited transcript below.

https://www.livewiremarkets.com/wires/buy-hold-sell-5-oversold-asx-stocks

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#Trading #Business #Australia #Livewire Markets