3 Stocks Ready to Bounce Back
When looking for stocks to add to a portfolio, it's tempting to scoop up the day's most popular players. The idea is: They've done well so far -- and that momentum will continue. That's true in some cases. But another way to find great long-term buys is to consider those stocks that haven't done so well in recent times. How to pick out the ones that are likely to recover? Go for companies with strong future prospects -- and don't be scared off by their recent stock market performance.
Here, I'll talk about three of my favorites: A biotech company that just reported its first ever profitable quarter, a company that's leader in two growing markets, and a giant in the world of electric vehicles (EVs). Considering potential for revenue and profit ahead, each of these players could be ready to bounce back.
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Source Fool.com
