Other than sub-prime mortgage lenders. Im looking for stock investments which are potential "turnarounds".
Right now .... All of em.
Source(s):
Good ol USA!................... NOT! You could go thru financial reports and find companies that show pretty good profits but have just taken on a lot of debt. That is kind of risky to me. If they owe a lot and hit a snag then they are in trouble. However, they could have borrowed a lot of money to really push their product and/or services and are planning a lot of massive growth.
Yahoo has these reports. You have to do the work to dig thru them though. Airlines, home builders, some consumer retailers, etc.
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