Stocks Most Frequently Down In The Fourth Quarter

by: Bespoke Investment Group

While the fourth quarter is typically a good time of the year for equities, there are some stocks that have recently had a rough go of it towards the end of the year. The table below lists the eleven stocks in the S&P 500 that have traded lower more often than they have traded higher during the fourth quarter over the last ten years. Each of the stocks listed below have traded lower during the fourth quarter at least six times since 2002.

While the holiday shopping season is typically a good time of year for retailers in terms of their bottom line, the fourth quarter is not necessarily a great time of year for the stocks of individual retailers. As shown in the list below, three of the eleven names highlighted (BIG, KSS, and M) are retailers and two of the three have averaged declines of more than five percent. Furthermore, video games, cell phones, and chocolate are often among the list of popular gifts during the holiday shopping season, but don't tell that to Electronic Arts (NASDAQ:EA), Sprint Nextel (NYSE:S) or Hershey (NYSE:HSY). Finally, one notable standout on the list is Amgen (NASDAQ:AMGN). Although the stock has averaged a gain of 0.9% during the fourth quarter, the stock has traded higher during the fourth quarter only three times, which is less than any other stock in the S&P 500.