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Is It Time to Buy the S&P 500's 3 Worst-Performing January Stocks?


The S&P 500 (SNPINDEX: ^GSPC) got off to a solid start in 2024, gaining 1.6% in January. While hopes for a quick interest-rate cut cooled off, generally strong economic data, a solid start to earnings season, and continued excitement about artificial intelligence (AI) helped drive the index higher. The chart below shows the index's performance.

However, not every stock was a winner last month. Let's take a look at the three worst-performing S&P 500 stocks in January to see if any are worth buying on the dip.

^SPX Chart

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Source Fool.com

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