5 Turnaround Stocks You Can Believe In: BZH, CQB, GRPN, MTG, RAD

Everyone loves a good turnaround story; assuming you catch the rebound, not the downturn. There’s high risk/reward investing in a company that was once left for dead, and being selective is a must. A beaten down stock price is not necessarily a bargain, but a potential rebound can pay off big.

“You have to be skeptical with turnaround stories, obviously these are companies that had near-death experiences for probably very good reasons,” says Kiplinger columnist Kathy Kristof, in the attached video. “It’s a riskier segment of the market, but that also often means you have more potential for profit.”

Kristof recently wrote about five comeback stocks that each have different reasons for the investor to believe in their turnaround plans.

Rebuilding Sales

First on her list is Beazer Homes (BZH) –the Atlanta-based homebuilder that almost went under during the Great Recession. Shares hit rock bottom at $1.25 in March 2009. They’ve since rebounded over 600%.  (more)

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