8 Companies That Made A Surprising Comeback


Avon:

One of the largest and most trusted cosmetic giants in the industry, Avon is witnessing a rough period at the moment. The company is in deep waters as the shares have plunged to $12 and have allegations of bribery in China.

Avon also paid a fine of $135 million in U.S to resolve a probe. Though this is the state of the company at the moment, investors have not written them off as Avon is a huge brand in cosmetics and relishes a huge worldwide market that many cosmetic brands still dream of having. 

Best Buy:

The Electronics retail brand across America was expected to be set off business by Amazon, when the whole e-commerce branding was a huge success. Best Buy however did not get over shadowed since the CEO Hubert Joly pulled off a crazy stunt where they lost a lot of money but made enough at the same time.

The company is slowly rising in terms of their stocks but share prices are declining. Investors fear the worse for this company but Best Buy is not ready to be written off.

J.C Penny:

The Retail company had a disastrous years under the ex-CEO Ron Johnson, who practically brought the company to its knees.

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Source: IANS