According to Morningstar, fair value for this stock is around $12-13 (downgraded from around $15) and at its current price it is well within the 5 star value stock range. It would also suggest it has been oversold. I've been in and out of this stock since it was first floated, and while picking the bottom is tough, as a defensive stock its current price is attractive. Inflation isn't going to last forever. DYOR.
IVC Price at posting:
$8.89 Sentiment: Buy Disclosure: Held
