Is It Time to Buy the S&P 500's 4 Worst-Performing Stocks This Year?
It's the beginning of the year, when many investors sell some winners and rotate into last year's underperformers.
Although the S 500 had a strong 24% gain in 2023, it wasn't all sunshine and roses for every stock. In fact, the worst-performing stock in the index last year fell by more than 50%.
But could this be an opportunity? After all, many technology stocks had a terrible 2022, only for the sector to surge in 2023, with the tech-heavy Nasdaq Composite up 43% on the year.
Source Fool.com