3 Consumer Goods Stocks Poised for a Serious Comeback
While cheap stocks are often cheap for a reason, it's not a universal rule and it's in the exceptions where investors can find opportunity. Sometimes businesses have a hiccup that can be remedied or the market has read the situation wrong.
Whatever the reason, Purple Innovation (NASDAQ: PRPL), Zynga (NASDAQ: ZNGA), and Bed Bath & Beyond (NASDAQ: BBBY) have been beaten down by the market and trade well below recent highs. Yet there's good reason to believe these are just temporary setbacks for these value stocks. Read on to find out why these three consumer goods stocks are poised for a serious comeback.
Image source: Getty Images.
Source Fool.com
