Wall Street Is Down On These 3 Stocks

It’s time to take a contrarian angle on the stock market.

Investors generally like to follow stocks upgraded by one or more analysts in the near term. Contrarians, on the other hand, might buy when the analysts are down or less optimistic about companies.

You can call this a Dogs of the Dow theory, but when analysts start to be pessimistic about a stock, it can be a sign that the price is right.

I scanned the internet for recent downgrades. I’ve found three from Citigroup, RBC Capital Markets, Stifel, and others. All of the stocks are down over the past six months.

Here’s why you might make a contrarian bet on one or more of them.

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