These are the 20 worst-performing S&P 500 stocks of 2020 — analysts see double-digit rebounds for 6 of them in 2021

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6 of these stocks look ready for a comeback:

During the stock market’s March plunge, it may have been difficult for you to expect 2020 to end up as a good year for stocks, but incredibly low interest rates from the Federal Reserve, unprecedented federal spending to support the economy and investors enthusiasm for technology stocks did just that.

Here’s how the 11 sectors of the S&P 500 have performed this year, as the benchmark has risen 15.6% through Dec. 28: That’s a remarkable recovery; however, WTI is still 22% below where it was at the end of 2019. This explains why energy-sector companies make up more than half of this year’s list of the 20 worst-performing S&P 500 stocks through Dec. 28:You can click on the tickers for more about each company, including news coverage, charts, financial data and price ratios.So six of these companies have majority “buy” ratings, with analysts expecting the shares to rise by double digits over the next year.

 

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