This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Beaten-Down Stocks to Invest in Now

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player (PCLN), the "Negotiator," had certainly seen its stock price negotiated lower the past few weeks. The stock is nearly 15% below its all-time high set in April.

The company is a quintessential UPOD: under-promise and over-deliver. That is what it did again this time around. The company over-delivered for the first quarter and under-promised for its second quarter. The earnings report was a blowout, with earnings of $4.28 exceeding estimates of $3.95. The company has reported an average 8% beat on estimates over the last five quarters.

But when guiding forward, the company issued these painful words: "Economic conditions in Europe remain a challenge and are reflected in the lower relative growth rates in southern peripheral countries and a weakening of the euro, which puts pressure on our dollar-denominated results. We also now see changes in the political environment which add additional uncertainty."

>>5 Tech Stocks to Buy Instead of Facebook

We know that in the U.S. and for U.S. citizens, travel is up. Walt Disney (DIS) confirmed that to investors with its earnings report. The strong U.S. dollar should actually help with travel abroad. is set to grow earnings by 35% in 2012 (despite the disappointing guidance) and by 25% in 2013, yet the stock sells for about 21 times current year's earnings. That is a PEG of well below 1, making it one of the cheapest stocks in this portfolio.

As of the most recently reported quarter, Priceline shows up in Lone Pine Capital's portfolio and is also one of the top holdings at Lee Ainslie's Maverick Capital.

4 of 6

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs