Buy Stocks that are "Out of Favor"

Bull Market on Wall Street

What to buy? These out of favor stocks.

CSX (CSX) Bed Bath & Beyond (BBBY), Urban Outfitters (URBN) and McDonald’s (MCD) are four names that are down on their luck.  It could be a buying opportunity for would be investors.

URBN is down again today while the market tears a new one.  This morning shares are down 3.4% and now under $35. Yesterday Stifel analyst Richard Jaffe set a $50 target price on the stock.  The average target price is $39.94.  

The stocks making the cut listed above are found at Barron's today in Today’s Top 5 Stock Picks: CSX, Pfizer, McDonald’s, and More.  URBN is noted in the article with the following:

Urban Outfitters: McConville says the stock’s current price, around $37, solely values the company on its Anthropologie and Free People segments. The flagship brand comes for free. The Urban Outfitters brand is going through a turnaround, transitioning back to its traditional, slightly older and higher spending target clientele after a stint of targeting the teen demographic through lower pricing. The turnaround has already borne fruit as the namesake store had a good holiday quarter. The company’s May quarter was less stylish, as Anthropologie’s sales growth was lower than expected. McConville says the result was the result of a mistimed drop of the spring catalog and some missed trends that are easily addressable, and the 9% drop since has created a nice entry point.