Four Pummeled Stocks for Savvy Investors to Buy: John Dorfman
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Last month, Best Buy Co., the world’s largest consumer electronics retailer, reported fourth-quarter diluted earnings of $1.62 a share, 11 percent less than a year ago. Slam! The stock fell 9 percent in two days, and 16 percent in the first quarter.
That lands Best Buy a spot on my Casualty List, a periodic list of stocks that have been pummeled and that I think have excellent potential to show strong gains in the next 12 months.