2 Stocks Down 27% and 8% to Buy Right Now

As the market continues to fluctuate, investors are presented with opportunities to buy quality stocks at discounted prices. Two such stocks that have recently experienced significant declines are APA Corporation (APA) and FMC Corp (FMC). Let's dive into the reasons behind their declines and explore why they might be attractive investments at current levels.



APA Corporation (APA) - Down 27%

APA Corporation, an independent exploration and production company, has seen its stock price decline by approximately 27% from its recent highs. This decline can be attributed to several factors:

1. Sector Performance: The energy sector has been volatile, with fluctuations in oil and gas prices impacting the performance of energy stocks. APA, as an energy company, is not immune to these market dynamics.
2. Market Sentiment: Negative market sentiment towards the energy sector has led to a sell-off in energy stocks, including APA. Investors have been favoring other sectors, such as technology and healthcare, contributing to the decline in APA's stock price.
3. Company-Specific Factors: APA's debt levels and concerns about its financial management may have contributed to the decline in its stock price. However, it is essential to consider that APA has a strong balance sheet and generates significant free cash flow.

Despite these challenges, APA's fundamentals remain strong. The company has a solid track record of earnings growth and dividend payouts. Its low PE ratio of 3.04 suggests that the stock may be undervalued, presenting an opportunity for investors.



FMC Corp (FMC) - Down 8%

FMC Corp, a diversified chemical company, has experienced an 8% decline in its stock price from recent highs. The factors contributing to this decline are similar to those affecting APA:

1. Sector Performance: FMC operates in the chemical sector, which has also been subject to market fluctuations. Changes in commodity prices and global economic conditions can impact the performance of chemical stocks like FMC.
2. Market Sentiment: Negative market sentiment towards the chemical sector has led to a sell-off in chemical stocks, including FMC. Investors have been favoring other sectors, contributing to the decline in FMC's stock price.
3. Company-Specific Factors: FMC's exposure to the agricultural sector may have contributed to the decline in its stock price. However, it is important to note that FMC has a strong balance sheet and generates significant free cash flow.

FMC's fundamentals remain robust, with the company reporting strong earnings and revenue growth over the past few years. Its low PE ratio of 4.74 suggests that the stock may be undervalued, presenting an opportunity for investors.



In conclusion, APA Corporation and FMC Corp have experienced significant declines in their stock prices due to sector performance, market sentiment, and company-specific factors. However, their strong fundamentals and low PE ratios suggest that these stocks may be undervalued. Investors should consider these opportunities and conduct their own analysis before making an investment decision.