These 10 Stocks Were S&P 500's Worst Performers In Biden's First Year: Could Trend Continue If Harris Wins 2024 Election?
Portfolio Pulse from Chris Katje
The article discusses the worst-performing S&P 500 stocks during Biden's first year in office and speculates on potential trends if Kamala Harris wins the 2024 election. It highlights the underperformance of financials and casino stocks in 2021 and suggests these sectors might continue to struggle under Democratic leadership.
November 02, 2024 | 12:58 pm
News sentiment analysis
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NEGATIVE IMPACT
Fidelity National Information Services, a financial stock, was a major underperformer in 2021. Financials might continue to underperform if Harris wins the 2024 election.
Fidelity National Information Services was a significant underperformer in 2021, a year under Democratic leadership. The article suggests financials might continue to struggle if Harris wins, indicating a potential negative impact on FIS.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Global Payments, a financial stock, was among the worst performers in 2021 with a -36.8% return. Financials might continue to underperform if Harris wins the 2024 election.
Global Payments was a major underperformer in 2021, a year under Democratic leadership. The article suggests financials might continue to struggle if Harris wins, indicating a potential negative impact on GPN.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Las Vegas Sands, a casino stock, was one of the worst performers in 2021 under Biden, with a -37.1% return. The trend might continue if Harris wins the 2024 election.
Las Vegas Sands was a significant underperformer in 2021, a year marked by Democratic leadership. The article suggests that casino stocks might continue to struggle if Harris wins, indicating a potential negative impact on LVS.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Market Axess, a financial stock, saw a -28.1% return in 2021. The financial sector might continue to underperform if Harris wins the 2024 election.
Market Axess was a significant underperformer in 2021, a year under Democratic leadership. The article suggests financials might continue to struggle if Harris wins, indicating a potential negative impact on MKTX.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
PayPal, a financial stock, saw a -20.7% return in 2021. Financials might continue to underperform if Harris wins the 2024 election.
PayPal was a significant underperformer in 2021, a year under Democratic leadership. The article suggests financials might continue to struggle if Harris wins, indicating a potential negative impact on PYPL.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Wynn Resorts, a casino stock, was a major underperformer in 2021 with a -24.8% return. Casino stocks might continue to struggle if Harris wins the 2024 election.
Wynn Resorts was a significant underperformer in 2021, a year under Democratic leadership. The article suggests casino stocks might continue to struggle if Harris wins, indicating a potential negative impact on WYNN.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Erie Indemnity, an insurance stock, was among the worst performers in 2021 with a -20.3% return. The article does not specifically predict future trends for insurance stocks under Harris.
Erie Indemnity was a significant underperformer in 2021, but the article does not specifically address the insurance sector's future under Harris, leading to a neutral impact assessment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
Palantir Technologies, a technology stock, was among the worst performers in 2021 with a -23.8% return. The article does not specifically predict future trends for technology stocks under Harris.
Palantir Technologies was a significant underperformer in 2021, but the article does not specifically address the technology sector's future under Harris, leading to a neutral impact assessment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
The SPDR S&P 500 ETF Trust, which tracks the S&P 500, saw significant gains in 2021. The article suggests potential sector underperformance if Harris wins, but overall market impact is uncertain.
While the SPDR S&P 500 ETF Trust saw gains in 2021, the article suggests potential sector-specific underperformance if Harris wins. However, the overall market impact remains uncertain, leading to a neutral assessment.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Viatris, a healthcare stock, was among the worst performers in 2021 with a -25.8% return. The article does not specifically predict future trends for healthcare stocks under Harris.
Viatris was a significant underperformer in 2021, but the article does not specifically address the healthcare sector's future under Harris, leading to a neutral impact assessment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
Warner Bros. Discovery, a media/entertainment stock, saw a -24.4% return in 2021. The article does not specifically predict future trends for media stocks under Harris.
Warner Bros. Discovery was a significant underperformer in 2021, but the article does not specifically address the media sector's future under Harris, leading to a neutral impact assessment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60