قالب وردپرس درنا توس
Home / Business / These are the 20 worst performing stocks in the S&P 500 Index in 2020-analysts believe that by 2021, 6 of these stocks will have a double-digit rebound

These are the 20 worst performing stocks in the S&P 500 Index in 2020-analysts believe that by 2021, 6 of these stocks will have a double-digit rebound



During the stock market crash in March, it may be difficult for you to predict that 2020 will be a good year for the stock market, but the Fed’s interest rates are incredibly low, the federal government’s unprecedented spending to support economic development, and investors’ commitment to technology stocks The enthusiasm is that.

However, despite the good performance of many stocks, there are 207 in the SPX index of the S&P 500.
+ 0.12%
Components will fall in 2020. At a deeper level, you will find a list of the 20 worst performing S&P stocks. Although Wall Street analysts remain pessimistic about some of them in 2021

, they foresee a significant recovery for others, especially in an industry.

This is the performance of the 11 sectors of the S&P 500 Index this year. As of December 28, the benchmark has risen by 15.6%:

S&P 500 sector

Price changes-2020 to December 28

information Technology

42.6%

Consumer discretion

31.4%

Communication service

22.1%

material

16.3%

health care

9.7%

Industrial field

8.4%

Consumer staples

7.2%

Utilities

-4.7%

financial

-5.4%

real estate

-6.0%

energy

-37.4%

Source: FactSet

The decline of the coronavirus has caused demand for oil to plummet, as the cruise industry has closed down and the commercial aviation industry has plummeted. But production cuts have improved the balance between supply and demand. The following chart shows the consecutive near-month futures quotations of West Texas crude oil this year:

Fact set

This is a remarkable recovery; however, WTI is still 22% below the end of 2019. This explains why energy industry companies accounted for more than half of the 20 worst performing S&P 500 stocks list as of December 28:

the company

Stock code

industry

Price changes-2020

Occidental Petroleum

OXY,
-0.37%

Oil and gas production

-58%

Carnival Company

CCL,
+ 0.02%

Hotel/Resort/Cruise

-57%

Norwegian Cruise Group Co., Ltd.

NCLH,
+ 0.22%

Hotel/Resort/Cruise

-56%

TechnipFMC PLC

FTI,
+ 0.58%

Oilfield Services/Equipment

-56%

Marathon Petroleum

MRO,
-0.15%

Oil and gas production

-51%

HollyFrontier Corp.

Hydrofluorocarbon
+ 0.24%

Refining/Marketing

-50%

United Airlines Holdings

UAL,
+ 0.43%

airline

-50%

Oneok Inc.

Ok,
-0.39%

Oil and gas pipeline

-49%

Lingwen Energy Co., Ltd.

FANG,
-0.21%

Oil and gas production

-49%

Schlumberger NV

SLB,
-0.65%

Oilfield Services/Equipment

-46%

National Oil Well Varco Inc.

November,
-0.14%

Oilfield Services/Equipment

-46%

Royal Caribbean Group

RCL,
-1.33%

Hotel/Resort/Cruise

-45%

Apache

what,
+ 0.29%

Oil and gas production

-44%

Vonado Real Estate Trust

VNO;
-1.35%

Real Estate Investment Trust

-44%

FuGuo bank

WFC,
-0.35%

Major bank

-44%

American Airlines Group

AAL,
-0.03%

airline

-44%

Simon Real Estate Group Co., Ltd.

SPG,
-1.35%

Real Estate Investment Trust

-43%

EOG Resources Inc.

EOG,
-0.18%

Oil and gas production

-42%

Valero Energy

flea,
+ 0.67%

Refining/Marketing

-41%

Devon Energy

DVN,
+ 0.07%

Oil and gas production

-41%

Source: FactSet

Scroll the table to see all the data.

You can click on the stock symbol to get more information about each company, including news reports, graphs, financial data and price ratios.

The following is a summary of Wall Street analysts’ views on these stocks:

the company

Stock code

Share a “buy” rating

Share a neutral rating

Share a “sell” rating

Closing price-December 28

Consensus price target

Implying 12-month upside potential

Occidental Petroleum

OXY,
-0.37%

17%

66%

17%

$ 17.40

$ 16.73

-4%

Carnival company

CCL,
+ 0.02%

11%

68%

twenty one%

$ 21.71

$17.95

-17%

Norwegian Cruise Group Co., Ltd.

NCLH,
+ 0.22%

35%

59%

6%

$ 25.53

$22.46

-12%

TechnipFMC PLC

FTI,
+ 0.58%

70%

twenty three%

7%

$ 9.41

$ 10.90

16%

Marathon Petroleum

MRO,
-0.15%

33%

54%

13%

$ 6.63

$ 7.69

16%

HollyFrontier Corp.

Hydrofluorocarbon
+ 0.24%

37%

53%

10%

$ 25.22

$29.44

17%

United Airlines Holdings

UAL,
+ 0.43%

39%

44%

17%

$ 43.92

$46.29

5%

Oneok Inc.

Ok,
-0.39%

32%

56%

12%

$38.41

$ 37.30

-3%

Lingwen Energy Co., Ltd.

FANG,
-0.21%

90%

10%

0%

$47.63

$59.90

26%

Schlumberger NV

SLB,
-0.65%

70%

27%

3%

$ 21.57

$24.84

15%

National Oil Well Varco Inc.

November,
-0.14%

44%

40%

16%

$ 13.56

$ 13.42

-1%

Royal Caribbean Group

RCL,
-1.33%

33%

50%

17%

$72.89

$ 67.54

-7%

Apache

what,
+ 0.29%

39%

58%

3%

$14.21

$ 16.00

13%

Vonado Real Estate Trust

VNO;
-1.35%

15%

54%

31%

$36.98

$41.55

12%

FuGuo bank

WFC,
-0.35%

48%

48%

4%

$29.93

$33.89

13%

American Airlines Group

AAL,
-0.03%

18%

27%

55%

$ 16.06

$11.36

-29%

Simon Real Estate Group Co., Ltd.

SPG,
-1.35%

35%

65%

0%

$ 85.48

$ 92.00

8%

EOG Resources Inc.

EOG,
-0.18%

74%

26%

0%

$48.94

$63.09

29%

Valero Energy

flea,
+ 0.67%

91%

4%

5%

$55.09

$64.11

16%

Devon Energy

DVN,
+ 0.07%

80%

20%

0%

$ 15.35

$ 18.64

twenty one%

Source: FactSet

As a result, six of these companies received a majority of “buy” ratings, and analysts expect the stock to rise by double digits next year. All of these involve the production or refining of oil or natural gas.

As always, if you find any stock of interest, it is important to conduct your own research to form your own views on the company’s prospects.

For more information about 2020, click here for a list of the best performing stocks in the United States this year, and click here for a list of big winners not yet included in the S&P 500 or Nasdaq-100 NDX,
+ 0.37%
index.

do not miss it:Analysts’ favorite 20 large-cap stocks in 2021, including General Motors, Facebook and Salesforce


Source link