3 Best Contrarian Stocks If You Are Looking for Big Gains

Title: Contrarian Investing: Three Stocks to Consider Now

In the world of investing, beating the market can be a challenging feat. Many professionals struggle to outperform the market consistently, but there are some who thrive by going against the crowd. Contrarian investing involves taking a different approach from the majority, and it requires conviction and a willingness to go against popular sentiment.

Here are three contrarian stocks to consider now:

1. VF Corp (VFC): The stock price of apparel maker VF Corp has dropped nearly 50% in the last twelve months due to poor performance. Despite owning iconic brands like Vans and The North Face, the company is in the midst of a turnaround. Investors who are willing to take a chance on VF Corp now could potentially be rewarded if the company successfully executes its turnaround plan.

2. Paypal (PYPL): Fintech company Paypal has seen its stock price plummet by about 80% from its 2021 all-time high. Despite meeting business expectations, the market has largely given up on Paypal. The company has been actively buying back its stock, indicating that management believes the stock is undervalued. Investors who believe the market has overreacted may find an opportunity to invest in Paypal at a bargain price.

3. Occidental Petroleum (OXY): In a time when the future of fossil fuels is uncertain, petroleum company Occidental Petroleum may seem like a risky investment. However, Warren Buffett has been adding the company to Berkshire Hathaway’s portfolio. OXY has been investing in carbon capture technology, which could pay off significantly if successful. While the future of fossil fuels is uncertain, OXY’s focus on carbon capture technology could make it a potential winner in the long run.

Contrarian investing is not without its risks, but for investors willing to go against the crowd, these three stocks offer potential opportunities for big gains.