7 Stocks to Buy for the World's Best Turnaround Trade

Benzinga_recent_news06-13

Every few years Wall Street falls in love with Argentina again. Usually this ends badly. The country runs out of dollars, the peso collapses, politicians rediscover the joys of spending money they do ...

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Usually this ends badly.\nThe country runs out of dollars, the peso collapses, politicians rediscover the joys of spending money they do ...</p>\n\n<a href=\"https://www.benzinga.com/opinion/26/06/53177694/7-stocks-to-buy-for-the-worlds-best-turnaround-trade\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Stocks to Buy for the World's Best Turnaround Trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Stocks to Buy for the World's Best Turnaround Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-13 03:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/opinion/26/06/53177694/7-stocks-to-buy-for-the-worlds-best-turnaround-trade><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Every few years Wall Street falls in love with Argentina again. Usually this ends badly.\nThe country runs out of dollars, the peso collapses, politicians rediscover the joys of spending money they do ...</p>\n\n<a href=\"https://www.benzinga.com/opinion/26/06/53177694/7-stocks-to-buy-for-the-worlds-best-turnaround-trade\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TGS","symbol_name":"南部燃气股份有限公司","start_time":0,"source_url":"https://www.benzinga.com/opinion/26/06/53177694/7-stocks-to-buy-for-the-worlds-best-turnaround-trade","article_id":"2643385219","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=240,format=auto,quality=85/files/images/story/2026/06/12/Argentina-Gets-Dual-Rescue.jpeg"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/opinion/26/06/53177694/7-stocks-to-buy-for-the-worlds-best-turnaround-trade","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2643385219","pubTimestamp":1781291400,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Every few years Wall Street falls in love with Argentina again. Usually this ends badly.The country runs out of dollars, the peso collapses, politicians rediscover the joys of spending money they do not have, and investors are left explaining to their spouses why they thought buying Argentine banks was a good idea.President Javier Milei has spent the last two years doing things that politicians are generally not supposed to do. He has cut spending, attacked inflation, reduced government intervention, lifted most capital controls, and attempted to restore some level of economic sanity.Inflation remains high by normal standards, but normal standards do not apply in Argentina. Inflation has fallen dramatically from crisis levels. The government is running a primary budget surplus. Foreign exchange reserves are rebuilding. Capital is beginning to return. The IMF expects economic growth of roughly 3.5% this year, and there is a reasonable argument that growth could exceed that forecast if r","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TGS":"南部燃气股份有限公司","IRS":"IRSA Inversiones y Representacio","BK4563":"昨日强势股","BK4233":"房地产运营公司","BK4205":"房地产经营公司","BK4144":"石油与天然气的储存和运输"},"translate_title":"全球最佳扭亏为盈交易值得买入的7只股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IRS":1,"TGS":1},"content_text":"Every few years Wall Street falls in love with Argentina again. Usually this ends badly.\nThe country runs out of dollars, the peso collapses, politicians rediscover the joys of spending money they do not have, and investors are left explaining to their spouses why they thought buying Argentine banks was a good idea.\nThis time might actually be different.\nI know. I know.\nThose are dangerous words when discussing a country that has defaulted on its debt so many times it practically qualifies as a national pastime. Nevertheless, the changes underway in Argentina deserve our attention.\nPresident Javier Milei has spent the last two years doing things that politicians are generally not supposed to do. He has cut spending, attacked inflation, reduced government intervention, lifted most capital controls, and attempted to restore some level of economic sanity.\nRemarkably, some of it is working.\nInflation remains high by normal standards, but normal standards do not apply in Argentina. Inflation has fallen dramatically from crisis levels. The government is running a primary budget surplus. Foreign exchange reserves are rebuilding. Capital is beginning to return. The IMF expects economic growth of roughly 3.5% this year, and there is a reasonable argument that growth could exceed that forecast if reforms continue.\nInvestors have noticed.\nUnfortunately, they have noticed enough that the broad Argentine market is no longer the screaming bargain it was a year ago. Buying the entire market today is not quite the layup it was when everyone was convinced the country was headed for another economic catastrophe.\nThat means we need to be selective.\nThe good news is that several Argentine companies listed in the United States still offer cheap valuations, improving fundamentals, and exposure to one of the most dramatic economic turnarounds in the world.\nMy favorite hunting ground in Argentina remains the banking sector.\nThe banking system is tiny relative to the size of the economy. Private sector credit is only a fraction of GDP compared to developed markets. If Argentina merely becomes a somewhat normal country, loan growth could be substantial for years.\nFor investors who prefer hard assets to financial assets, look at IRSA (NYSE:IRS).\nIRSA owns shopping centers, office properties, and development assets, and trades at a substantial discount to underlying real estate value. Buying IRSA today feels a lot like buying quality real estate in a city everyone assumes will never recover. Sometimes those assumptions prove very expensive.\nThe most obvious growth opportunity in Argentina is energy. The country possesses one of the world’s most important unconventional oil and gas resources in Vaca Muerta. As infrastructure improves and investment increases, production continues to climb.\nIncome investors often overlook Argentina because dividend payments can be inconsistent. That said, opportunities exist.\nIRSA remains one of the more attractive names for investors seeking income. The company has distributed significant cash to shareholders and offers exposure to recovering commercial real estate. Banco Macro also deserves consideration — while bank dividends in emerging markets require patience, Macro’s capital position supports shareholder distributions and buybacks over time.\nFor infrastructure-oriented investors, Transportadora de Gas del Sur (NYSE:TGS) is worth monitoring. Pipeline businesses tend to generate steady cash flow, and TGS occupies an important position in Argentina’s energy network.\nArgentina is not a conservative investment. Nobody should confuse Buenos Aires with Omaha.\nCurrency risk remains real. Political risk remains real. Economic risk remains real. A country does not spend decades making bad decisions and suddenly become Switzerland overnight.\nWhat has changed is that Argentina finally appears to be moving in the right direction. Inflation is falling. Fiscal discipline is improving. Capital controls are fading. Investment is returning. Most investors spent years avoiding Argentina because it was a disaster. The opportunity exists because many of those investors are still acting as if nothing has changed.\nIf Milei succeeds, the winners are likely to be the banks, the energy companies, and selected real estate operators. Several of the best names are readily available through U.S.-listed ADRs.\nJust remember: when investing in Argentina, volatility is not a bug.\nIt is the national currency.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2643385219","isCrawlerRequest":true}