Stock That Offers 50% Upside: Dish Network
- Date: 05-Nov-2020
- Source: Forbes
- Sector:Financial Markets
- Country:Middle East
Stock That Offers 50% Upside: Dish Network
GLóRIA DE DOURADOS, BRAZIL - 2020/06/02: In this photo illustration the DISH Network Corporation ... [+] logo seen displayed on a smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)
SOPA Images/LightRocket via Getty Images
We believe that Dish Network stock (NASDAQ: DISH) may be a good opportunity at the present time. DISH trades at $26 currently and is, in fact, down 26% so far this year (from $35 at the beginning of 2020). It traded at $41 in February 2020 – just before the coronavirus pandemic hit the world – and is currently 36% below that level, as well. DISH stock has recovered 45% from its March lows of a little over $18. DISH managed to outperform the broader market as it
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