- The week ending May 20, 2022, brought further pain to U.S. equities, with the S&P 500 finishing Thursday on the cusp of bear territory.
- The consumer discretionary sector reeled as reliable names such as Walmart and Target suffered their worst one-day losses since 1987.
- The pullback, though painful, has presented an attractive opportunity to average down on existing positions or initiate new ones.
- Investors may be hesitant, but there are five laggards this week that would be worth, at a minimum, a place on any long-term watchlist.
For further details see:
5 Laggards For The Week Ending May 20, 2022