Are these beaten down ASX shares bargain buys? // Motley Fool Australia

While a number of shares have just reached 52-week highs or better such as SEEK Limited (ASX: SEK) (see here), not all shares are performing as strongly.

Two ASX shares that have been beaten down this year are listed below. Here’s why they are being tipped as bargain buys:

Bravura Solutions is a provider of software products and services to the wealth management and funds administration industries. Its shares have fallen heavily this year and are down a disappointing 46% from their 52-week high. This has been driven largely by management’s underwhelming guidance for FY 2021. It has warned that the pandemic could lead to flat profits this year.

One broker that thinks investors should be taking advantage of the weakness in the…