Earnings season can be a blessing, a curse or an opportunity for investors to take advantage of drastic plunges and pick up beaten-up stocks at a cheaper prices. It’s not so easy, however, to tell the difference between a value and a money trap.
More often than not, stocks are beaten up because there’s something fundamentally wrong with the business. Other times, stocks take a hit for whiffing on earnings or failing to live up to future expectations.
That doesn’t necessarily mean the stock is a dud; it could rally and return double- or triple-digit gains!
With that said here are seven stocks that investors should consider buying after they were punished in reaction to a poor earnings report and/or concerning guidance.