The S&P 500 (SPY) gained nearly 28% year-to-date as of the end of last week. This suggests that investors should avoid the worst companies on the bottom 10. They lost up to 67%.
Dollar General (DG) posted a mixed third-quarter report. GAAP EPS was $0.89 after revenue grew by 5.1% Y/Y to $10.18 billion. The firm lowered its net sales growth for FY 2024.
Dollar Tree (DLTR), which lost 48.1% as of December 7, is another struggling retailer to avoid. In Q3, the firm posted same-store net sales of 1.8%.
In the aerospace sector, Boeing (BA) is a company to avoid. Quality issues hurt its reputation, delaying its sales.
In biotech, avoid Moderna (MRNA).
Walgreens (WBA), which lost 67% YTD, indicated a bullish “double bottom” at $8.00. However, CVS Health (CVS) has a better chance of fixing its business and rewarding investors.
