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2021-05-17

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After weekly sell-off, traders see these two beaten-down stocks as comeback candidates

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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\">\nAfter weekly sell-off, traders see these two beaten-down stocks as comeback candidates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 19:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/17/stock-market-today-two-beaten-down-stocks-could-make-comeback.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Following a rough week on Wall Street, CNBC’s “Trading Nation” went on the hunt for the best buying opportunity among the top laggards:Tesla,JD.com,Micron,Under Armour, and Disney.\nCraig Johnson, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/17/stock-market-today-two-beaten-down-stocks-could-make-comeback.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","DIS":"迪士尼","UAA":"安德玛公司A类股","MU":"美光科技","UA":"安德玛公司C类股","UA.C":"Under Armour Class C","TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/05/17/stock-market-today-two-beaten-down-stocks-could-make-comeback.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121318381","content_text":"Following a rough week on Wall Street, CNBC’s “Trading Nation” went on the hunt for the best buying opportunity among the top laggards:Tesla,JD.com,Micron,Under Armour, and Disney.\nCraig Johnson, chief market technician at Piper Sandler, pointed to Under Armour as the stock best positioned for a rebound.\n“This is a stock that has been out of favor for a while, starting to really show signs of turning around,” he said Friday.\nJohnson highlighted the stock’s recent decline to about $22 per share, saying “I think on this little pullback here, we definitely should be buying this stock.”\n\n“Not only does it look good technically, but also fundamentally,” Johnson said.\nPiper Sandler analyst Erinn Murphy gives the stock an overweight rating and a $31 price target, implying 36% upside on the stock after its Friday close at $22.78.\n“This is the comeback kid to be buying on this little dip in here,” said Johnson.\nIn the same interview, Danielle Shay, director of options at Simpler Trading, chose Tesla as the best bargain in the barrel.\n“Tesla’s looking amazing,” she said. “This looks like a great entry point.”\nShay suggests investors sell puts at $550 price or to buy into the stock at current levels for the longer term.\n“Overall on the weekly chart, you have some great consolidation, and ultimately, I’m targeting $1,000,” Shay 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