Do You Have to Argue the Bear Case for Cheap Stocks?

Do you have to be able to articulate the bear case for cheap stock? Or are company sometimes cheap simply because the sector, slash industry, is out of favor. Sometimes there are things where the bar case may be very dumb, and i might be able tostate in so it might give me more confidence. I don't know why virtue motors trades below tangible book value. It trades fairly cheap. Im not sure why car dealers ben cheap for ike, five or six yearsa. U k, carma car dealers even cheaper than us. Car dealers have been a little cheap. There are sometimes stocks where everything about it sounds good, except last year's earnings were so amazing this year