Is It Time to Buy 5 of the Nasdaq's Worst-Performing Stocks of 2021?
If you're like many other investors, your search for bargain stocks starts with names that have been severely sold off. As well it should. The market is capable of going to extremes at times, devaluing names only to revalue them again just a short time later. You know the practice by its more familiar name, "buying the dip." The bigger the dip, the better the bargain.
As veteran investors can attest, however, a stock that's been up-ended isn't inherently a stock that's ready for a recovery. Sometimes, a steep sell-off is exactly what's implied.
It's the dilemma anyone looking at this year's biggest losers among Nasdaq-listed stocks is facing, as usual. This time around though, there's an additional curious nuance. Most of these losers are in the exact same industry, and have been crushed for the exact same reasons.
Source Fool.com
