These are the stocks that have seen their prices drop 10% or more from their 52-week highs—putting them in correction territory—as well as falling 10% this year. But despite the drubbing they're getting, each of these stocks is rated "buy" on average by Wall Street analysts and are expected to be worth at least 15% more in 18 months than they are now. Additionally, all these companies are expected to deliver at least 10% adjusted earnings growth in 2015.
Delta Air Lines is a great example of a stock that investors loved—that now the feelings have nosedived. Shares of the soared 79% in 2014 as investors saw the airline scoring from low oil prices and full planes. But this year, the stock is down 15% from the 52-week high—putting the high-flier into the correction zone. Even so, analysts see lots of upside, calling for shares to be worth 48.7% more in 18 months. Delta closed at $43.42 a share on Tuesday. And get this—for a stock down this much this year – earnings are expected to rise 46% this year.
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