Is It Time to Buy the S&P 500's 4 Worst-Performing Stocks This Year?
Many investors understandably want to buy stocks that have already gone down by a lot. It seems logical that underperforming stocks are due for a rebound. But it's important to note that this doesn't always happen.
Look at the worst four stocks for the S&P 500 in 2022: Generac Holdings, Match Group, Align Technology, and Tesla. Match Group stock was down 69% in 2022, but it's still down another 18% in 2023, as the chart below shows.
Source Fool.com
Tesla Inc Stock
€202.35
-0.520%
Currently there is a rather positive sentiment for Tesla Inc with 73 Buy predictions and 29 Sell predictions.
As a result the target price of 245 € shows a positive potential of 21.08% compared to the current price of 202.35 € for Tesla Inc.
