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A Tale of Three Turnaround Stocks

Among BBY, HPQ and JCP, which has a real future?

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An outdated big-box electronic products retailer, a mismanaged information technology giant, and a struggling department store.

What do all three have in common?

They all came back from disastrous mismanagement and failing business models to — at least for now — steady-state status and more than just a glimmer of long-term hope.

For Best Buy (BBY), Hewlett-Packard (HPQ) and JCPenney (JCP), the comeback has taken some hard work, a little bit of luck, and a long-term view that holds out the promise of success.

All three deserve credit for how far they’ve come — and at least two of them appear to have the makings of a comeback … with some caveats, of course.

Let’s take a look at these three stocks still showing a pulse and try to determine their future courses.

Article printed from InvestorPlace Media,

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