Sometimes it pays for investors to take a contrarian approach, moving in the opposite direction of the prevailing sentiment surrounding a stock. After all, the Oracle of Omaha himself, Warren Buffett, famously said, "Be fearful when others are greedy and greedy when others are fearful."
This may involve choosing to buy a stock that others have been selling, or one on which investors have signaled bearishness through their short interest. Each of the three companies below has seen considerable bearish sentiment in recent months, yet Wall Street analysts believe better performance is in store. Investors willing to go against the current may find an opportunity to buy at a time when shares are more modestly priced.
