Is It Time to Buy the S&P 500's 5 Worst-Performing August Stocks?
The S&P 500 benchmark index had a rough month in August. Through Aug. 30, the S&P 500 had declined by 4% for the month, with the worst of it coming in the latter half of the month following a stock market rebound in July and early August.
However, some stocks got hit much harder than the overall index. Five stocks in the index actually had double-digit declines in August, with three down by more than 20% for the month. Here's a rundown of the five worst performers in the S&P 500, the short version of why each one is down, and whether patient investors should consider buying these stocks now for the long term.
I won't keep you in suspense. Here are the worst-performing stocks in August out of the 500 companies in the S&P 500 benchmark index.
Source Fool.com
