BA - Is Now the Time to Buy 3 of the S&P 500's Worst-Performing Stocks?
2024-05-16 05:15:00 ET
The S&P 500 (SNPINDEX: ^GSPC) is home to some of the best and most promising stocks you can own on the markets. When stocks in this broad index go on sale, it could be a prime time for investors to consider investing in them. Three S&P 500 stocks that have been crashing this year are attracting the notice of bargain hunters: Walgreens Boots Alliance (NASDAQ: WBA) , Boeing (NYSE: BA) , and Intel (NASDAQ: INTC) .
Let's take a look at why these three S&P 500 stocks are struggling and whether you should consider adding them to your portfolio today.
Pharmacy retailer Walgreens hasn't been a bad investment for just this year; over the past five years, the stock has lost two-thirds of its value. There are plenty of reasons to be bearish on the stock. Not only has it struggled to grow, but the company's razor-thin margins make it difficult to turn a profit. While it has been diversifying into healthcare with the launch of primary care clinics through its investment in VillageMD, that may only put greater strain on the business and its resources in the future.
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Is Now the Time to Buy 3 of the S&P 500's Worst-Performing Stocks?