5 Beaten-Down Stocks That Could Soar in 2024
Now is a great time to make a list and check it twice -- but unlike Santa Claus, I'm not talking about a gift list. Instead, this list is all about stocks to buy in order to set yourself up for an exciting investment future. You should first prioritize buying shares of companies that have proven themselves by delivering earnings growth over time and that still offer solid long-term prospects.
Once you position these stocks as the backbone of your portfolio, you then may want to look for a few beaten-down stocks that might be ready for a rebound. But not just any beaten-down stocks. I'm talking about ones that have what it takes to grow earnings down the road. They may offer your portfolio an extra boost in 2024 as well as lasting growth. Let's check out five promising stocks that could soar as early as next year.
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