3 Crashing Stocks That Haven't Been This Cheap in Over 5 Years

Group 1: Nike - Nike's stock is at its lowest since 2017, primarily due to declining sales and a recent CEO change focusing on retail over online sales [3] - The company faces additional risks from potential tariffs, particularly as it imports many products from Asia, although recent tariff pauses may provide temporary relief [4] - Concerns about affordability and competition from cheaper apparel options are significant, with sales only rising 15% over the past three fiscal years [5] - A strategic shift towards positioning itself as a luxury brand could mitigate vulnerabilities, but current strategies do not indicate this direction [6][7] Group 2: Intel - Intel is experiencing challenges but has potential for recovery due to its role in the growing tech industry, especially in artificial intelligence [8] - The foundry business has incurred substantial losses, with an operating loss of $13.4 billion reported last year [9] - A potential partnership with Taiwan Semiconductor Manufacturing could enhance operational efficiency, which is crucial for Intel's recovery [10] - The stock is trading at levels not seen since 2012, presenting a risky but intriguing investment opportunity given the need for domestic chipmaking [11] Group 3: Kraft Heinz - Kraft Heinz shares recently bounced off 52-week lows, but the stock has not been this cheap since March 2020 [12] - The rise of GLP-1 weight loss drugs and a shift towards healthier eating are negatively impacting the company's growth prospects [13] - The decision to pull Lunchables from school cafeterias due to low demand highlights the need for a turnaround towards healthier options [14] - Sales have stagnated, and without significant changes in product offerings, the outlook remains bleak despite the stock trading at 11 times estimated future earnings [15]