Is This Beaten-Down Stock a Good Buy Right Now?

Source The Motley Fool

Real estate investment trust Sun Communities (NYSE: SUI) is down by about 40% over the past three years, and it recently announced a restructuring strategy. In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss why the stock has been beaten down and whether it's worth a closer look now.

*Stock prices used were the morning prices of Dec. 12, 2024. The video was published on Dec. 14, 2024.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $356,125!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $46,959!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $499,141!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of December 9, 2024

Matt Frankel has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool recommends Sun Communities. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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