2 Contrarian Stocks to Buy That Are Down by More Than 50%
Going against the market's views on a stock can be risky, but it can also lead to some incredible returns. That's because a beaten-up stock may be trading at a relatively low valuation, and as long as the fundamental business remains sound, a recovery could be in the cards.
Amwell (NYSE: AMWL) and BlackBerry (NYSE: BB) have fallen hard of late. Both are down by more than 50% from their 52-week highs as investors have gravitated toward more value-oriented investments. And while there is some risk with these two businesses, each may still be worth taking a chance on.
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Source Fool.com
