The Biggest Losers

Today is the six-month anniversary of the S&P 500's closing low in March. Over that time, the S&P 500 has rallied over 50%, taking every stock up with it...well almost. During what has been the most powerful rally that most people will see in their lifetimes, there are actually 10 stocks in the S&P 500 that have declined in value. These "Biggest Losers" are highlighted below.

In all fairness to these stocks and their shareholders, nine of the ten names highlighted did outperform the S&P 500 during the bear market. However, there is one stock that not only declined during the last six months, but it also managed to underperform the S&P 500 during the bear market. Shareholders in oil refiner Sunoco (SUN) have really felt the pain over the last two years, seeing declines in both good and bad markets as refining margins have eroded. But if there is any consolation, at least they're not spending as much money at the pump.

Comments

[epeon:]

It is a bit difficult to see a path forward with HRB since their main business is just going away sort of like newspapers. People are going to the internet based solutions for their taxes. And, in that space, HRB is an also ran.

Sep 09 03:19 PM