Turnaround Stories for 2013
A year goes by so fast. I can remember sitting down in front of my computer around this same time in 2011 and writing about the stocks to keep an eye out for in 2012. So I'll do the same thing again this year. Here are some stocks that I feel have great turnaround potential for 2013 and beyond. Consider this column a light read for the holidays that is intended to add a few names to your shopping list for next year. Over course of the next few weeks and months, I will likely revisit each name with greater color. Note that these names are not presented in any particular order of conviction or return potential.
Restaurant chain Wendy's (WEN) appears to finally be putting all the pieces together for a nice story in 2013. Over the past five years, shares in rival McDonald's (MCD) have appreciated by over 50% while the S&P 500 return was basically flat. Wendy's shares, on the other hand, declined by more than 40% during that same time frame. A new marketing program that includes a store reimaging component along with encouraging revenue numbers make Wendy's a great turnaround story for 2013....350 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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