3 Beaten-Down Stocks That Could Double Your Money
Market rotation malaise has infected many investors. Last year, the growth stocks in the Nasdaq-100 index trounced the staid giants in the Dow Jones Industrial Average. It's been a different story so far in 2021, though. The big money appears to be moving into so-called "risk-off" stocks.
As a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, however: Quite a few stocks with strong growth prospects are available at discounted prices. Here are three beaten-down stocks that could even double your money -- or more.
Source Fool.com