V.F. Corporation Is A Strong Buy: This Bargain Stock Is My Top Turnaround For 2024

BalkansCatThesis After multiple years of underperformance, V.F. Corporation (NYSE:VFC) was recently dropped from the S&P 500 Index. After reaching all-time highs of $100.25 in 2020, shares have since plummeted by over 87%, culminating to a loss of over $34B in shareholder value. A mix of poor managerial decisions, ill-timed acquisitions at high multiples, and a decline in brand strength drove these results. With pessimism at all-time highs, many have written VFC off for dead. However, VFC is a battle-te ...