Top 10 Beaten Down Large Cap Stocks That Can Double According To Wall Street

7. Jefferies Financial Group Inc. (NYSE:JEF)

Jefferies Financial Group Inc. is a capital markets and investment banking company. It operates through Asset Management and Capital Markets & Investment Banking segments. Wall Street has the highest price target on the company’s stock of $92 while the stock currently trades well below even the lowest price target of $75, suggesting minimal downside.

The company’s fundamentals are improving and the recent dip is making it attractive for investors at a PE of 18.8 and a price to book ratio of just 1.2. Its revenue sources are decently diversified, with half of the revenue coming from advisor and underwriting services, one-third from trading, and the rest coming from asset management services and its own investments.

The stock is therefore coupled with the volatility of the financial markets and the economy, more so than other stocks. Its ability to generate revenue from both underwriting and secondary market trading makes it a better bet than some of its peers like Evercore and Piper Sandler. This brings in the added volatility too. But the added risks only make the eventual reward sweeter.