3 Great Stocks to Buy on a Dip Before the End of the Year
Portfolio Pulse from
The article highlights three stocks that have underperformed the market this year: Freeport-McMoRan, GXO Logistics, and Hexcel. Despite the S&P 500's strong performance, these stocks have seen minimal or negative returns, suggesting potential buying opportunities on a dip.
December 15, 2024 | 9:45 am
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POSITIVE IMPACT
Freeport-McMoRan has only gained 1% this year, underperforming the S&P 500's 27% rise, indicating a potential buying opportunity on a dip.
Freeport-McMoRan's underperformance compared to the S&P 500 suggests it may be undervalued, presenting a potential buying opportunity.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
GXO Logistics is down 19% this year, significantly underperforming the S&P 500, which may present a buying opportunity on a dip.
GXO Logistics' significant underperformance relative to the S&P 500 suggests it may be undervalued, offering a potential buying opportunity.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Hexcel has declined 14% this year, underperforming the S&P 500, indicating a potential buying opportunity on a dip.
Hexcel's underperformance compared to the S&P 500 suggests it may be undervalued, presenting a potential buying opportunity.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100