To presume that we have reached a market bottom would be thoughtless. This is one of the wildest environments the capital markets have seen in decades, and the truth is, nobody knows if there is more room for equities to descend. Nevertheless, with the S&P 500 (SPX) down roughly 22% from its highs and the Q3 earnings season starting rather favorably, it may be sensible for investors to start considering which equities may have indeed bottomed out. In my view, one industry, in particular, may include equities that have gotten too cheap to pass on at current price levels - like TGT and LOW.
https://www.tipranks.com/news/article/down-but-not-out-these-retailers-scream-for-a-pickup?utm_source=advfn.com&utm_medium=referral