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, Rich Ross of Evercore ISI revealed three struggling stocks that he would buy.
Party City Holdco IncPRTY is down 30 percent from its highs and Ross believes that it could benefit from good Halloween sales. He thinks that it could get back above its 50-day moving average and he sees it as a good buy ahead of earnings.
Cyber security issues are not going anywhere, but
FireEye IncFEYE has lost half of its value from its recent highs, said Ross. It is trading around an important support as it bounced three times from its current price level, forming the triple bottom pattern.
Nordstrom, Inc.JWN is touching 200-day moving average on a weekly chart and it is sitting at an important support. Ross would buy the stock and it is his favorite pick of the three.
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