May 16, 2022  SEONews

3 Beaten Down S&P 500 Stocks Ready to Bounce Back – 69News WFMZ-TV

If you’re a “buy on the dip” kind of investor, the current pullback is a doozie of an opportunity. Although the S&P 500 (SNPINDEX: ^GSPC) finished last week on a high note, the index still sits 13% below March’s high and remains down 16% for the year. And for some of these stocks, the past few months have been much, much worse.

It’s that particular group we’re interested in right now…the ones that have led the broad market sell-off. While investor sentiment is understandable, some sell-offs have been overdone. The market should soon correct its mistake by upping prices for these names. Friday’s bounce may even mark their pivots.

Here’s a closer look at your top-three prospects from this group right now.

Alphabet

Most investors likely know Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) as the name behind search engine behemoth Google and online video repository YouTube. What most investors don’t fully appreciate, though, is the reach of both platforms.

See, Google handles 92% of the…

Read Full Story: https://www.wfmz.com/business/3-beaten-down-s-p-500-stocks-ready-to-bounce-back/article_6f9057e1-8a84-5f39-ab65-922c08ae9420.html

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source: https://news.oneseocompany.com/2022/05/16/3-beaten-down-sp-500-stocks-ready-to-bounce-back-69news-wfmz-tv_2022051619920.html

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