You are using an older browser version. Please use a supported version for the best MSN experience.

10 undervalued stocks crashing on the coronavirus pandemic

InvestorPlace Logo By Luke Lango of InvestorPlace | Slide 1 of 11: By now, you certainly know that the stock market is in free fall. From its mid-February highs, the S&P 500 has cratered 35%, falling into a bear market as fast as it ever has in its 100-plus year history. At fault, of course, is the rapidly spreading coronavirus from China, which has brought the global economy to a screeching halt as consumers are ordered to stay at home. Amid this panic, almost all stocks have been hit. Some have been hit worse than others. And a select few undervalued stocks have crashed and burned over the past month, losing upwards of 50% of their value. Typically, investors consider an undervalued stock to be a stock that is trading below its fair value, based on the fundamentals, like earnings and cash flows. At present, there are a handful of stocks out there which are trading way below where their fundamentals say they should be trading. But, this undervaluation doesn't necessarily mean it's time to buy the dip. Instead, these stocks are undervalued because they have serious insolvency risks. That is, investors think that the coronavirus could actually force some of these companies to declare bankruptcy over the next few months. Such a move would wipe-out shareholders -- regardless of valuation.            10 Stocks to Buy That Will Benefit From Coronavirus Mayhem          So, when looking at a basket of undervalued stocks that have crashed because of the coronavirus, tread carefully. Some of them are bargain buys with huge upside. Others are risky buys with too much risk. With that in mind, here are 10 undervalued stocks that are crashing right now:  Boeing (NYSE:BA)  Dave & Buster's (NASDAQ:PLAY)  SeaWorld (NYSE:SEAS)  Six Flags (NYSE:SIX)  United Airlines (NASDAQ:UAL)  American Airlines (NASDAQ:AAL)  Carnival (NYSE:CCL)  AMC (NYSE:AMC)  Dine Brands (NYSE:DIN)  Denny's (NASDAQ:DENN) Let's take a deeper look at these 10 cheap, undervalued stocks to find out which ones are worth buying, and which ones are worth avoiding.

By now, you certainly know that the stock market is in free fall. From its mid-February highs, the S&P 500 has cratered 35%, falling into a bear market as fast as it ever has in its 100-plus year history. At fault, of course, is the rapidly spreading coronavirus from China, which has brought the global economy to a screeching halt as consumers are ordered to stay at home.

Amid this panic, almost all stocks have been hit. Some have been hit worse than others. And a select few undervalued stocks have crashed and burned over the past month, losing upward of 50% of their value.

Typically, investors consider an undervalued stock to be a stock that is trading below its fair value, based on the fundamentals, like earnings and cash flows. At present, there are a handful of stocks out there which are trading way below where their fundamentals say they should be trading. But, this undervaluation doesn't necessarily mean it's time to buy the dip. Instead, these stocks are undervalued because they have serious insolvency risks. That is, investors think that the coronavirus could actually force some of these companies to declare bankruptcy over the next few months. Such a move would wipe-out shareholders -- regardless of valuation.

So, when looking at a basket of undervalued stocks that have crashed because of the coronavirus, tread carefully. Some of them are bargain buys with huge upside. Others are risky buys with too much risk. With that in mind, here are 10 undervalued stocks that are crashing right now: Boeing (BA), Dave & Buster's (PLAY), SeaWorld (SEAS), Six Flags (SIX), United Airlines (UAL), American Airlines (AAL), Carnival (CCL), AMC (AMC), Dine Brands (DIN) and Denny's (DENN).

Click through the gallery above for a deeper look at these 10 cheap, undervalued stocks to find out which ones are worth buying, and which ones are worth avoiding. 

© InvestorPlace

More from InvestorPlace

image beaconimage beaconimage beacon