The Beauty of 'Bad News' Stocks

It takes true conviction to be able to hold, or add to, stocks which have tanked on bad headline news. Business networks and online media tend to simply explain why those shares have plunged. Nobody is willing to risk their reputations by recommending companies with "terrible charts" and horrible momentum.

That was certainly the case with Signet Jewelers (SIG) a couple of months back. The new CEO slashed EPS estimates while announcing a new four-year plan for recovery. FY 2018 projections were cut to about $4.00 from the previous expectation, as recently as January, for EPS of $6.45....377 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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