
Unlike the Magnificent 7 and artificial intelligence stocks, these losers barely make headlines. Because they don’t deserve to. Not in a positive sense, anyway.
The S&P 500 Index ($SPX) contains a small, bruised group of companies that have shed about half their value or more in less than four months to start 2026. For the contrarian investor, a 50% drawdown is a good signal of a sale. But it depends on whether the merchandise is worth the effort.