There’s no story like a comeback. Many of the biggest companies on the market today, including the biggest of them all, Apple, were once against the ropes and nearly beaten. Some companies have fallen to fractions of their former value, and then surprised everyone by regaining everything and rising from there. The champion there is Booking Holdings, formerly Priceline, which was reduced to less than one percent of its former value before regaining everything and then rising much, much higher. That’s the sort of turnaround that we as investors dream of, and that’s the sort, sort of, that I’m looking for. None of the companies on my list are down to less than one percent of their highs, but I’m looking for turnarounds that are similarly decisive.
Much more commonly, of course, stocks that fall don’t recover, or don’t recover much. For that reason, there are a great many fallen angels, some of which have been declared by the financial media to be on the comeback trail, which you will not find on this list. Even a dead cat will bounce, but it’s still a dead cat.
Remember to treat these ideas as just that, ideas, and do your own research before making any investment decision.
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