Investors eye turnaround stocks for potential improvement

kiplinger.com

Investors are considering turnaround stocks, which are struggling companies with plans for improvement. Citigroup, under CEO Jane Fraser, has reorganized its business and increased revenue in key areas, with a return on equity rising to 7%. International Paper is also in the early stages of a turnaround, focusing on corrugated cardboard packaging. CEO Andrew Silvernail is cutting costs and restructuring, but analysts remain cautious due to recent stock price increases. Southwest Airlines is facing challenges, including a lawsuit over flight delays and pressure from activist investors. The airline is making changes, such as introducing assigned seating, but analysts have downgraded its stock ratings amid ongoing turbulence.


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