March Madness is upon us, and nothing makes for a better tournament than when a Cinderella team or two makes it deep in the bracket. The same goes for beaten-down stocks. After all, what’s better than seeing your portfolio beat the market at the end the year thanks to stocks everyone else gave up on? But if you thought it was hard to fill out a winning bracket, finding Cinderella stocks to buy isn’t far behind. There’s a reason why stocks hit hard times, be it fundamental weakness, poor sentiment or maybe a secular decline in a company’s business.
That said, there are a number of out-of-favor names that might just shock the Street this year. The odds are long, but don’t be too surprised if these stocks turn out to be champions this year: Ford Motor Company (F), Deere & Company (DE), Expedia Inc (EXPE), Expedia Inc (EXPE), General Electric Company (GE), General Motors Company (GM), HCP, Inc. (HCP), Home Depot Inc (HD), Pfizer Inc. (PFE) and Wells Fargo & Co (WFC).
Source: InvestorPlace
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- 10 Small/Mid-Cap Dividend Growth Stocks Answering The Call
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- 8 Dividend Stocks With The Right Stuff
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