u/Fresh-Ad7262

My game the past couple of years has been buying stocks that have been historically consistent (or at least higher than present) but dipped drastically in a short period of time. I typically hold for a few months and wait for a modest 15-20% recovery before selling. This has worked for me with $UNH, $UPS, $LLY, $TGT, and some others. Essentially I look for overreactions but don’t have to bet on a full blown recovery.

With Planet Fitness’ plummeting price this week, I’m thinking it may be time to jump in. I’m not seeing anything significantly wrong with their financials or the market, so I’m wondering if this is just a reset with opportunity for growth in the future. Thoughts?