16 Stock Ideas From the Clearance Rack
We found some bargains among stocks that have lost more than a fifth of their value in the past three months.
The U.S. stock market has been a pretty solid performer over the past three months. Though it hasn't really shot the lights out in aggregate, the Morningstar US Market Index has risen 4% over the past three months through July 24.
It's great for investors when sailing is smooth, but bargain-hunters can have a tougher time in such an environment. To find some opportunities, I searched the companies in our coverage for stocks that have really taken it on the chin in the past 12 weeks. I used our Premium Stock Screener to find stocks we cover that have fallen more than 20% over the past three months.
Karen Wallace does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.