This year has been a horrible one for some big name stocks. Many industry leaders in the resources sector have lost most of their value. Other select companies have collapsed to the same degree for little apparent reason other than not living up to high expectations.

These three stocks are down 70% for 2015, but are still sound, if struggling companies that have the potential to rebound strongly when conditions change and sentiment reverses. While the bottom may not yet be in for them, when it does come, these stocks look set to boomerang higher when the supply of sellers finally runs out.

Fossil

Little did shareholders know that Fossil Group Inc. (NASDAQ: FOSL) shares were doomed from the start of 2015. Its 52-week high was hit on the very first trading day of the year, and it was all downhill from there. Sure, Fossil has not had a great year business-wise, but it hasn’t been the total disaster reflected in its collapsing share price. There are also no obvious systemic problems in the watch business that would cause the industry as we know it to collapse to the point that people stop wearing timepieces.

Though Fossil’s fall began at the very beginning of 2015, it was greatly exacerbated in November when a combination of poor third-quarter earnings, together with its acquisition of Misfit for $250 million, a wearable tech firm that sells high-tech Internet-connected watches, pushed the stock down 36% in a day. Buying a high-tech watch company in the face of falling low-tech watch sales doesn’t seem like the catastrophic choice shareholders made it out to be though. There’s good sense in it. Now with expectations lowered, Fossil at five-year lows and a new business to attend to, any earnings beat could drive shares higher as fast as they collapsed in November.