Instead of new NVDA or AMZN: Interesting Turn-around-PlaysAs so many recommendations from so-called stockgurus fail to the extent that these are desavowing themselves as ignorant, stubborn adolescents:
What are for you highly interesting turn-around stocks? Please only companies with substance, being brought down by marketmakers (for which purpose whatsoever).
Thank you for your appreciated statements and explanations!
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Don´t want to be unpolite. Let me start with an apparent turn-around-stock on a half-year basis.
Take LYFT:
Facts:
Down 45% from year-high.
Company model: Understandable, great reach, promising for future. Relatively small MC of 4,6B.
Revenues (stated 08/07/24) increased 40% yoy.
Cash flow doubled from Q1 2024!!
Cash reaches 820 mill. $
Several funds raised their stakes in Lyft during Q2 (some started new!), at significantly higher prices
Cash/debt-ratio gets better and better (even if its lower than 1; it will be a matter of 9-12 months to solve that)
Your thoughts?