2 Turnaround Stocks That Are Still Cheap
Real turnaround stories for struggling companies are rare. But they exist, and they give investors a great opportunity to find stocks trading cheaply and make gains. These can be risky plays, since cheap stocks are usually cheap for a reason. But if the market isn't confident in a stock's prospects, that doesn't mean you shouldn't be, and it gives you the chance to buy before the market wakes up.
Bed Bath & Beyond (NASDAQ: BBBY) and Gap (NYSE: GPS) are two companies that were going downhill even before the pandemic, but they've both made major strides since. While their share prices have surged, they're both trading cheaply by standard valuation metrics, and you can still buy them at cheap prices.
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Source Fool.com
