Why investors should buy these fixer-upper names


Source: cnbc.com cnbc.com

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Despite an uncertain macroeconomic backdrop, stocks have largely outperformed in 2023. The S & P 500 is up 13.99% year-to-date, while the tech-heavy Nasdaq Composite has surged 30.9% in the same period. In this context, we've taken on the bears of late — and been vindicated by a recent pullback in bond yields that had weighed on stocks. The yield on the closely-watched 10-year Treasury has come down to around 4.6%, from more than 4.8% last week, while the S & P has climbed roughly 3%. "Things just aren't that nightmarish," Jim Cramer said during the October Monthly Meeting on...