10 Roughed-Up Stocks to Buy for a Recovery Rally

A stock’s price can fall for many reasons.

A young boy dressed up in business suit sits at his desk after being beat up by the unpredictable economy. He is wearing a neck brace and has a black eye with glasses crooked wile holding a r
(Image credit: Getty Images)

A stock’s price can fall for many reasons. The company may no longer be performing as it’s expected to. The industry or sector could be temporarily out of fashion. Sometimes, a weak market simply pulls good stocks down with it.

As long as the issue isn’t fundamental (and long-term), you can still buy low and eventually sell high, even in a toppy market like today’s.

Today, we will look at 10 stocks with market caps between $10 billion and $200 billion that have fallen hard in the past year, but that some analysts think are poised for a bounce-back. These companies are in a variety of industries – everything from banking to pharmaceuticals to industrial products to consumer goods.

Clearly, each of these stocks comes with some risk given the bearish drivers that have dragged them down by 20%, 30%, even 40%. But investors should be less concerned about why these stocks fell in the past, and more concerned about whether they realistically can rebound from here. None of these stocks need to reach their old highs for investors to neatly profit – the underlying companies just need to follow through on proposed ways to increase shareholder value.

Here’s a look at 10 battered stocks to buy for their recovery potential.

Data is as of Aug. 14, 2018.

Dana Blankenhorn
Contributing Writer, Kiplinger.com
Dana Blankenhorn has been a business and technology journalist since 1978. His work has appeared in newspapers including the Chicago Tribune and magazines such as Interactive Age. But he has spent most of his career online, spotting future trends in over a dozen beats from e-commerce to open source, and from renewable energy to blockchain, working for such publishers as TheRegister.com, ZDNet, InvestorPlace, TheStreet.com and Yahoo Finance.