T - 2 Very Cheap Turnarounds Yielding Up To 7%
2024-04-27 08:15:00 ET
Summary
- AT&T and Bristol-Myers Squibb are two beaten-down stocks with attractive dividend yields.
- AT&T has solid operating fundamentals and a low valuation, while Bristol-Myers Squibb has a strong pipeline and is undervalued.
- Both stocks offer potential for high income and capital appreciation if their valuations reset.
Turnaround plays can be highly rewarding for investors willing to go against the grain. This includes names that for one reason or another have been beaten down in price by the market due to perceived risks or memories of management missteps in the past....
2 Very Cheap Turnarounds Yielding Up To 7%