"Most investors treat tariff headlines like weather reports, something to grumble about and then ignore. On the other hand, Jim Cramer has never been shy about pounding the table when he smells a bargain and has his eye on two tariff-hit stocks. His logic is that if a good business is knocked down for a macro reason that does not touch its fundamentals, it's worth buying."
"Cramer believes both tariff-hit stocks were mismanaged by their previous CEOs and were rightfully sold by the market. Nevertheless, they may now be oversold, on course for a multi-year turnaround that can bring juicy returns for those who decide to take the leap. Better yet, both pay 2-3% in dividends while you wait for a recovery. Let's take a look."
Most investors treat tariff headlines like weather reports and largely ignore them. Two tariff-hit stocks suffered market-driven selloffs despite fundamentals that remain intact. Both companies experienced prior mismanagement and were rightfully sold by the market, but they may now be oversold and positioned for multi-year turnarounds with significant upside. Both pay 2–3% in dividends during the recovery period. In one example, investor excitement followed the CEO's prior turnaround track record and pushed the stock from the $70s to $117, then retreated to $85 amid disappointment over the pace of recovery. Analysts have been slow to recognize improvements, and management has emphasized that the turnaround will take time, creating a buying opportunity at current levels.
Read at 24/7 Wall St.
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