3 Beaten-Down Stocks Ready for a Jaw-Dropping Rebound
Disney(DIS) Investor Place·2024-07-12 14:03
Beaten-down stocks do rebound. And often, the reversal is dramatic. Just look at Tesla (NASDAQ:TSLA). In the first half of the year, the electric vehicle maker’s stock was one of the worst performers in the benchmark S&P 500 index. But since the end of June, TSLA stock gained 44% and erased its previous loss on the year. And that big move higher occurred in just 10 trading sessions.Similarly, Apple (NASDAQ:AAPL) staged a remarkable rebound in recent weeks. In the year’s first half, the company couldn’t do a ...