The S & P 500 fell more than 1% on Friday as concern over the state of the global banking system dampened investor sentiment. The broader market index is also down more than 1% for the month, on pace for its third monthly decline in four months. And, while market declines do provide buying opportunities, they can also be used to get rid of names that are expected to struggle in the near future.
Pro used FactSet to screen the S & P 500 for stocks that met the following criteria: Average analyst rating of hold or less Rated sell by at least 20% of analysts covering them Average analyst price target implies a decline over the next 12 months Here are the seven stocks that made our list. Bleach maker Clorox made the list with an average analyst rating of underweight. The stock is also rated sell by nearly 32% of analysts covering it.
's Michael Bloom contributed reporting.
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