Potential Turnaround Stocks
These stocks have been beaten down. Can they make a comeback? You decide.
1. $WBA - Walgreens
Lots of competition.
2. $T - AT&T
Spun off a lot of businesses. Can they get back to growth?
Also satellite internet.
3. $HNST
Have always been a smaller player in the cleaning products space. Taking on large brands.
4. $LMND
This one I think really could be a growth story.
Their revenue was tiny and now they are really growing their revenue.
5. $ROOT
Another insurance biz. They are growing rev pretty well. Less than $1billion in rev and market cap.
6. $RH
As interest rates drop that should benefit this retailer. Also they are creating some amazing stores. But is that translating to sales?
Can their membership program be a growth driver?
International expansion?
7. $SAVE
Spirit airlines. $250million dollar market cap.
Can they survive and thrive?
They have been increasing revenue each year. And they are trying to trim expenses.
May also throw into this bucket $JBLU and $ULCC. JetBlue and Frontier.
8. $AAL
Another airline. But completely different scale.
American has stumbled in the recent past with execution. Can they get back to profitability?
9. $BA
So many issues, but also too big too fail.
They also have different segments. Airplanes, Space ships, Jets etc.
10. $PTON
Peloton. Not a fan of fitness biz.
11. $M
Macy's. Department store biz.
12. $DG
Dollar General.
It was one of my best performing stocks after the 2008 crash. But they have hit hard times.
13. $BYND
Beyond Meat.
Is the future veggies?
14. $SPCE
Virgin Galatic.
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