Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake

Stocks have been moving higher in recent weeks, but some investments have a long way to go before revisiting their earlier highs. Royal Caribbean (NYSE: RCL), Lyft (NASDAQ: LYFT), and SmileDirectClub (NASDAQ: SDC) are among the hundreds of stocks trading at least 50% below their 52-week highs.

The cruise line operator, ridesharing specialist, and corrective dental-work player have seen better days and their near-term prospects are troubling. Let's go over why it would be a mistake to give up on these three strong candidates bouncing back.

Image source: Getty Images.

Source Fool.com