Core Viewpoint - The article discusses three stocks—Target, Celsius Holdings, and Freshpet—that have underperformed but may have potential for recovery in the near future, despite their current challenges [1][2][3]. Group 1: Target - Target's stock has decreased by 33% over the past year, attributed to negative store comps and declining net sales over two consecutive quarters [4][5]. - The stock's yield has risen to 4.6%, and the company has a history of increasing dividends for 53 consecutive years, with expectations for a potential hike soon [5][6]. - Target faces challenges in regaining customer trust due to political controversies that have alienated both conservative and liberal shoppers [8][9]. - The company has a payout ratio of less than 50% of its trailing earnings, indicating room for dividend increases while aiming for a turnaround [6][10]. Group 2: Celsius Holdings - Celsius Holdings has experienced a 42% decline in stock value over the past year, despite being one of the year's biggest market winners with over 60% growth [11]. - The company has seen significant revenue growth in previous years, but recent quarters have shown year-over-year declines [12]. - The acquisition of Alani Nu is expected to positively impact market share and revenue, with results anticipated to improve starting from the current quarter [13]. Group 3: Freshpet - Freshpet's stock has dropped by 39%, holding a 3.5% share of the dog food market but dominating the fresh or frozen pet food segment with 96% market share in brick-and-mortar retailers [14]. - The company has consistently achieved over 27% top-line growth for seven years, but it has revised its growth expectations down to 15% to 18% for the current year [15]. - Despite the decline, Freshpet's stock remains at a premium valuation, trading at three times sales and 37 times next year's earnings, indicating potential for recovery if growth resumes [16].