Turnaround

One of Peter Lynch's six defined stock categories from his book, One Up on Wall Street. A turnaround displays the following attributes:

• "Potential fatalities!"
• Make up lost ground at very rapid rate
• Their ups and downs are least related to the general market
• "Potential to make good money"

Expanded Definition

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Related Terms

• Slow grower
• Stalwart
• Fast grower
• Cyclical
• Asset play

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