Investors Lose $201 Billion On These 7 Giant Losers This Year

Losing wealth successful the S&P 500 is ne'er fun. But it stings each the much erstwhile everyone other is making tons connected their stocks.

X

Seven S&P 500 stocks, including PayPal Holdings (PYPL), Walt Disney (DIS) and AT&T (T), outgo investors much than $200 cardinal successful mislaid marketplace worth this year, says an Investor's Business Daily investigation of information from S&P Global Market Intelligence and MarketSmith. Each of them shed $18 billion, oregon more, successful worth individually this year.

Losing wealth stings each the much successful 2021. Thanks to a almighty 27.5% jump by the S&P 500 this twelvemonth alone, companies successful the scale added much than $9 trillion to investors' portfolios. But not if you held these unlucky 7 stocks.

Losing Money In The S&P 500 Was Hard To Do

Investors who mislaid wealth successful S&P 500 stocks won't person galore shoulders to outcry on. It was really truly pugnacious to suffer wealth successful 2021.

Just 73 S&P 500 stocks, oregon astir 15%, shed marketplace worth successful 2021. And large losses were adjacent harder to find. Only 13 stocks successful the S&P 500 suffered marketplace worth drops of much than $10 billion.

On a consecutive percent nonaccomplishment basis, losing wealth took immoderate atrocious luck, too. Only 22 S&P 500 companies, accounting for conscionable 4% of the index, dropped by 15% of much successful 2022.

S&P 500 Tech: Not All Sunshine And Unicorns

It's been a great twelvemonth for S&P 500 tech stocks, mostly. The Technology Select Sector SPDR (XLK) is up 35.2% this year. But the assemblage has had its stock of misfires, too.

Online payments institution PayPal Holdings is the No. 1 loser of marketplace worth successful 2021 successful the S&P 500 this year. And it's besides portion of the S&P 500 exertion sector. With its shares sinking astir 19% successful 2021 to 190.10, that erased astir $48 cardinal successful marketplace value.

PayPal's sinking marketplace worth isn't owed to immoderate weakness successful cardinal growth. The institution is connected gait to gain $4.61 a stock successful 2021, a astir 19% leap from 2020. Analysts, too, look to beryllium caught off-guard by the shares' weakness. They complaint PayPal with an "outperform" standing with a 12-month terms people of 274.81. If they're right, the banal is undervalued by astir 30%.

But PayPal isn't the lone disappointing tech banal this year.

Global Payments (GPN), which provides outgo processing know-how to different companies, has seen its shares driblet by astir 38% this twelvemonth to 135.15. That crashed wiped much than $23 cardinal disconnected its marketplace worth successful 2021. Analysts, again, deliberation it's underrated. They're calling for the banal to commercialized astatine 191.43 a stock successful 12 months. That's astir 40% upside.

Disappointment In The Happiest Place On Earth

Disney, too, hasn't worked retired the mode galore S&P 500 investors mightiness person planned.

It's down much than 14% this twelvemonth to 155.20, erasing much than $45 cardinal successful marketplace value. It's besides the worst banal successful the Dow Jones Industrial Average this year. And each this is simply a spot of a astonishment arsenic hopes were precocious for the company's nett upon the reopening of taxable parks successful 2021. Profit for the fiscal twelvemonth ended successful September 2022 is seen jumping much than 75%.

At slightest Disney, though, has institution among stocks underperforming successful 2021 successful the communications sector. Four of the 7 stocks with the largest drops successful marketplace worth this twelvemonth each hail from the sector. AT&T, too, has languished again this year. It's down astir 14% this year, wiping retired not lone its dividend, but $25 cardinal successful marketplace value.

But immoderate of these stocks could redeem themselves successful 2022. Disney, for one, is 1 of the S&P 500 stocks known to beryllium a top performer during the yearly Santa Claus Rally. Should you bargain Disney banal now? Just beryllium gladsome you didn't bargain it this year.

Biggest S&P 500 Duds In 2021

Lost the astir successful marketplace worth this year

Source: S&P Global Market Intelligence

Follow Matt Krantz connected Twitter @mattkrantz

YOU MAY ALSO LIKE:

Bank Of America Names Top 11 Stock Picks For 2022