1 Beaten-Down Stock to Buy and 2 to Avoid

It's best to buy stocks when they are down, as one of the most famous investing maxims tells us: "Buy low, sell high." However, companies going through a rough patch on the market aren't automatic buys. It's essential, as always, to separate the wheat from the chaff. Though broader equities have been performing well for most of the year, there are enough beaten-down stocks to choose from these days.

Let's discuss three of them: One that looks attractive is CVS Health (NYSE: CVS), and two that aren't worth investors' hard-earned money are (NYSE: CHGG) and fuboTV (NYSE: FUBO). Here's why.

Healthcare giant CVS Health has faced various issues over the past two years. Here are two of the most important.

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Source Fool.com