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4 Turnaround Stocks to Consider - and 2 More to Keep an Eye On

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A turnaround stock is a struggling company with a strong makeover plan that can pay off for intrepid investors.
The article from Kiplinger discusses several turnaround stocks that investors might consider for potential growth. It highlights companies like General Electric (GE), which has been undergoing a significant transformation by divesting non-core businesses and focusing on aviation, healthcare, and energy. Ford Motor Company (F) is also mentioned, noting its efforts to pivot towards electric vehicles and improve its financial health. Kohl's Corporation (KSS) is another example, with its strategic initiatives to enhance its omnichannel retail experience and partnerships like the one with Sephora to attract more customers. The article emphasizes that while these stocks have faced challenges, their turnaround strategies could lead to substantial recovery and growth, making them potentially attractive for investors looking for value and turnaround opportunities. However, it also cautions that turnaround investments carry higher risks due to the uncertainty of the recovery process.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/turnaround-stocks-to-consider ]