By now, you certainly know that the stock market is in free fall. From its mid-February highs, the S&P 500 has cratered 35%, falling into a bear market as fast as it ever has in its 100-plus year history. At fault, of course, is the rapidly spreading coronavirus from China, which has brought the global economy to a screeching halt as consumers are ordered to stay at home.
Amid this panic, almost all stocks have been hit. Some have been hit worse than others. And a select few undervalued stocks have crashed and burned over the past month, losing upwards of 50% of their value.
Typically, investors consider an undervalued stock to be a stock that is trading below its fair value, based on