DRVN - 5 Struggling Stocks to Buy at a Discount
2023-09-20 05:41:00 ET
Stocks that historically underperform the average returns of the S&P 500 tend to keep coming up short. Therefore, investors must always remain cautious when buying struggling stocks. Betting on turnarounds often results in losses.
For struggling stocks to succeed, I believe that companies need some things. First, I'd like to see at least some semblance of a competitive advantage. I also want expectations from the market to simply be way too pessimistic. And I want a reasonable explanation for why better days could be ahead.
When asking my followers on social media, PayPal Holdings (NASDAQ: PYPL) came out as the runaway winner for struggling stocks to buy at a discount, and I agree that it has potential. But before we get to PayPal, I want to explain why other ideas like Dollar General (NYSE: DG) , Sea Limited (NYSE: SE) , Driven Brands (NASDAQ: DRVN) , and Advance Auto Parts (NYSE: AAP) all make the cut as well.
For further details see:
5 Struggling Stocks to Buy at a Discount