TPIC Composites' and Asana's stocks are getting crushed. Based on what's happening with the businesses, we think the market has it right until the companies prove otherwise.
Right now, there are plenty of stock bargains -- beaten-down stocks of good companies. In this video, Motley Fool contributors Jason Hall and Jeff Santoro explain why that's not the case for Asana (ASAN 1.77%) and TPI Composites (TPIC -4.63%); their stocks are beaten down, but for good reasons that the companies need to fix before they're deserving of higher stock prices.
*Stock prices used were from the afternoon of Dec. 13, 2022. The video was published on Dec. 27, 2022.
Jason Hall has positions in Asana and TPI Composites. Jeff Santoro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Asana and TPI Composites. The Motley Fool has a disclosure policy.Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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