Three stocks underperformed in 2024 but are seen as undervalued with high potential for 2025.
From Nasdaq: 2024-12-14 18:12:00
In 2024, the S&P 500 saw a 27% increase, making it a great year for stock market returns. However, companies like Crocs, Academy Sports, and Universal Display underperformed, with two of them losing money for investors.
Crocs is positioned well with a stable core brand and growth potential, despite struggles with the HeyDude brand. Academy Sports, also trading at 8 times earnings, shows promise with plans for new store openings and improved profitability. Universal Display holds a competitive advantage in OLED technology and is on the brink of a breakthrough with PHOLED blue, potentially driving growth in 2025. Investment analyst believes Crocs, Academy Sports, and Universal Display are undervalued and top investment ideas for 2025. While stocks may underperform in the short term, long-term potential is strong. Consider investing in these stocks for potential growth. However, Crocs did not make the list of 10 best stocks to buy now according to Motley Fool’s Stock Advisor team. The Stock Advisor service has historically outperformed the S&P 500 since 2002. Keep in mind the views expressed are those of the author and not necessarily reflective of Nasdaq, Inc.
Read more at Nasdaq: Returns From This Trio Were Lackluster in 2024. But These 3 Undervalued Stocks Are Among My Highest-Conviction Ideas for 2025
