5 Ultra-Popular Stocks That Could Lose 50% (or More) in 2021
One of the craziest years in history for the stock market is now in the books. After shedding 34% of its value during the first quarter, the benchmark S&P 500 rallied to finish 2020 higher by 16%. It was the fastest bear market decline in history, followed by the most ferocious rebound rally on record.
It was also a big year for growth stocks and innovation. Approximately 10% of all stocks with a market cap of at least $300 million finished 2020 higher by at least 100%. That's an incredible figure which probably isn't duplicable in 2021.
As we move headlong into a new year, it's quite possible we'll see some of 2020's highfliers come back to Earth. Below are five ultra-popular stocks that could realistically lose 50% or more of their value in 2021 as investors reassess their outlooks.
Source Fool.com
