
The S&P 500 has rallied hard off its March lows, but the index remains down 12.4% year-to-date overall. The near-term economic outlook amid the COVID-19 shutdown is still unclear, creating a lot of uncertainty on Wall Street. The International Monetary Fund cut its 2020 global economic growth forecast to negative 3% this week.
A number of stocks have been hit much harder than the 12.4% overall market decline. Some of those stocks will ultimately prove excellent long-term buying opportunities. Some of them will end up dropping significantly lower.
Here’s what analysts have to say about the nine worst-performing S&P 500 stocks of 2020….CLICK for complete article