Earnings season is a time when many companies redeem themselves. It doesn’t take much for a beaten down stock to turnaround. A strong quarterly print and upbeat guidance can lead to a big reversal higher in a share price.
Which beaten down stocks are likely to move sharply higher when they report first quarter 2024 financial results in the coming weeks? There are plenty of candidates given that many well-known and popular names have seen their share price slide lower since the start of the year while the broader market rallied between January and March. Forget the noise: buy these three unfairly punished stocks before earnings euphoria hits.
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