The Top 10 S&P 500 Stocks Holding Back the Index

Photo of Chris Lange
By Chris Lange Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
The Top 10 S&P 500 Stocks Holding Back the Index

© honglouwawa / Getty Images

Election Day is here, and the markets seem to be back on track after a devastating October. The Dow Jones industrial average and the S&P 500 were crushed last month, and the uncertainty from October still has some of the largest bulls on Wall Street rattled.

A Finviz review on Tuesday revealed that 243 members of the S&P 500 are still positive in 2018. This number shrinks when we look at the past 30 days, in which only 140 members of the S&P 500 are positive.

It’s worth pointing out that the S&P 500 and Dow industrials are down 6.5% and 5.1% from their respective 52-week and all-time highs. On a year-to-date basis, the S&P 500 and Dow are positive 2.5% and 2.9%, respectively.

While the broad markets are just barely positive for the year after a devastating October, here 24/7 Wall St. has included the worst 10 stocks in the S&P 500 that have held the index back. Although some of these stocks have recovered recently, they are still largely down year to date.

[nativounit]

Delphi Technologies PLC (NYSE: DLPH) shares were last seen trading at $21.98, in a 52-week range of $20.24 to $102.99. The stock has a consensus analyst price target of $32.00. So far in 2018, Delphi shares are down about 58%. The market cap is $2 billion.

Mohawk Industries Inc. (NYSE: MHK) shares traded at $128.43, in a 52-week range of $113.45 to $286.85. The consensus price target is $146.94. Mohawk’s shares are down about 54% year to date. Its market cap is $10 billion.

Dentsply Sirona Inc. (NASDAQ: XRAY) traded at $35.30 a share. The 52-week range is $33.93 to $68.98, and the consensus price target is $47.60. So far in 2018, the shares are down about 47%. The market cap is $8 billion.

General Electric Co. (NYSE: GE) shares traded at $9.53, in a 52-week range of $9.07 to $20.75. The consensus analyst target is $14.34. GE shares are down about 47% year to date, and the market cap is $83 billion.

Affiliated Managers Group Inc. (NYSE: AMG) traded at $115.92 a share, in a 52-week range of $110.27 to $217.00. The consensus price target is $150.25. Shares are down about 44% year to date. The market cap is $6 billion.

L Brands Inc. (NYSE: LB) shares traded at $34.21. The 52-week range is $25.89 to $63.10, and the consensus price target is $32.48. So far in 2018, the shares are down about 43%. The market cap is $9 billion.

Invesco Ltd. (NYSE: IVZ) shares were trading at $21.63, in a 52-week range of $19.66 to $38.43. The consensus price target is $26.25. So far in 2018, the shares are down about 41%. The market cap is $9 billion.

Western Digital Corp. (NASDAQ: WDC) shares traded at $48.56, in a 52-week range of $47.87 to $106.96. The consensus analyst target is $72.20. WDC shares are down about 39% year to date, and the market cap is $14 billion.

EQT Corp. (NYSE: EQT) traded at $35.12 a share, in a 52-week range of $30.53 to $66.03. The consensus price target is $56.44. So far in 2018, the shares are down about 38%. The market cap is $9 billion.

Freeport-McMoRan Inc. (NYSE: FCX) shares were last seen at $12.22. The 52-week range is $10.59 to $20.25, and the consensus price target is $16.51. Shares are down about 36% so far in 2018. The market cap is $18 billion.

[recirclink id=503183]

[wallst_email_signup]

Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618