Is It Time to Buy 5 of the S&P 500's Worst-Performing June Stocks?
Good stocks are better buys when they've been beaten down, but not all beaten-down stocks are good buys.
That's the conundrum investors are facing with several constituents of the S&P 500 index right now. Whereas the index itself gained another 2.2% in June, some of the index's stocks fell by double digits. Are these steep sell-offs buying opportunities or a glimpse of what's to come?
It's likely the latter. At the very least, however, these losses are reasons to steer clear and shop for other opportunities. There's nuance in the pullback for these five stocks that suggests this is more than typical volatility.
Source Fool.com
