These stocks sold off in a big way in August. However, they're beloved by Wall Street and rallied to start the year.
As investors turn the page on a rough August,
Pro found stocks that are set for comeback if the market regains its footing. Investors are in the last week of what has been a difficult month for stocks. The Nasdaq Composite is on pace for its worst month since December, while the S & P 500 is headed for its weakest performance since February. However, stocks have recently started showing some signs of life. On Tuesday, the Nasdaq advanced more than 1% and closed higher for a third straight trading day.
Pro surfaced some stocks that could be due for a comeback. These names are beloved by Wall Street and rallied to start the year, but sold off in a big way in August. Here are the criteria we used: Up more than 20% YTD through July Down more than 10% in August Beta above 1.25 Consensus analyst upside of more than 10% These are the names that came up. A slew of travel and entertainment names surfaced on the list.
's Michael Bloom contributed to this report.
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