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Is It Time to Buy August's Worst-Performing S&P 500 Stocks?

TheMotleyFool

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Is It Time to Buy August's Worst-Performing S&P 500 Stocks?: https://g.foolcdn.com/editorial/images/789412/mature-person-looking-at-laptop-computer-with-raised-eyebrows-and-thinking-confused-doubtful-uncertain-unsure-skeptical.jpg

The popular S&P 500 (SNPINDEX: ^GSPC) had a pretty decent month in August 2024. The economic news was more good than bad last month, lifting the index by 126 points (or 2.3%).

But it wasn't a smooth ride. 52 of the S&P 500's 503 components gained more than 10% in August while 20% members saw price drops of 10% or more. Three of these household names took haircuts of 30% or more.

What happened to the three worst-performing S&P 500 stocks in August -- and are they great buys or dangerous value traps right now?

Source Fool.com

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