While Trump’s Tariffs Sent Investors Sprinting to the Sidelines, Oakmark’s Bill Nygren Swooped in and Bought These 3 Beaten-Down Stocks
From Yahoo Finance: 2025-04-08 05:00:00
President Trump’s tariffs have caused market turmoil, prompting fears of a transitioning economy and potential recession. However, calm investors are seeing this as a buying opportunity. Legendary investor Bill Nygren has taken advantage by purchasing three undervalued stocks despite negative market sentiment.
Delta Airlines’ stock has plummeted 39% in 2025 due to concerns about economic sentiment affecting travel demand. Recent warnings about slowing domestic travel have led Delta to cut revenue and earnings projections. Tariffs and trade tensions with Canada have further impacted the airline industry.
Charter Communications, the owner of Spectrum, has remained relatively stable amidst market chaos. The company is a major internet provider and claims to offer the fastest internet speeds. Analysts at Citigroup see growth potential through strategic initiatives and network expansion, with a focus on increasing free cash flow and profitability.
Citigroup is undergoing significant restructuring efforts under new CEO Jane Fraser, aiming to streamline operations and focus on higher-performing businesses. The bank plans to drive returns and increase shareholder value by modernizing and divesting non-core assets. Citigroup’s stock trades at a discount to tangible book value, offering potential upside for investors.