Reported 4 months ago
The article discusses the performance of Intel, Starbucks, and Tesla, the worst-performing stocks in the S&P 500 in 2024, with year-to-date declines of 39%, 19%, and 29% respectively. While Intel struggles with competition in the semiconductor industry and a decline in market share, Starbucks faces challenges due to soft retail spending. On the other hand, Tesla's revenue fell 9%, but its potential long-term growth in AI and electric vehicles makes it compelling. The article advises cautious investment choices in these stocks based on their current performance and future outlook.
Source: YAHOO