2 Oversold Stocks Set for a Comeback and 1 We Question
StockStory highlights three oversold stocks. It questions Itron (ITRI), citing 1.4% annual revenue growth over two years, expected 2.4% growth next 12 months, below-average returns on capital, and a $81.36 price implying 14x forward P/E. It favors Armstrong World (AWI) and Paymentus (PAY), citing stronger revenue growth, margins/cash flow for AWI and 40.2% revenue growth plus 51% EPS growth for PAY; AWI trades at 18.2x forward P/E ($157.42) and PAY at 27.5x ($23.45).