2 Top Turnaround Stocks to Buy Now
Video game retailer GameStop (NYSE: GME) and biopharma Bausch Health Companies (NYSE: BHC) are two companies that have realigned themselves on the path to growth -- after straying away for too long. Shares of the two companies are up 2,790% and 82%, respectively, over the last 12 months.
What's more, both companies have attracted substantial institutional interest. Ryan Cohen, the former co-founder of Chewy, is looking to personally steer GameStop's turnaround after acquiring a 13% stake in the company. Meanwhile, billionaire hedge fund manager Carl Icahn recently purchased 7.83% of Bausch Health's shares outstanding. Here's how the two businesses could persevere going forward.
Image source: Getty Images
Source Fool.com
