One of Jim Cramer's famous tag lines is "There's always a bull market somewhere." And he's right. But there's always a bear market somewhere too. In this article I will dive into that.
First, some definitions. A bear market is generally defined as a price decline of 20% or more. The stocks on my list all meet this criteria.
Bear markets for the stock market are usually measured from the most recent all-time high water mark. But due to data availability constraints, I'm using the 52 week high as the peak price for these stocks, even though the stock in question may have notched an even higher price in the past.
Due to space limitations, I'm only showing the 25 stocks with the worst 52 week performance. I will provide a link to my original spreadsheet for those of you who want to learn more.
Below is the list of the 25 worst performing stocks over the last 52 weeks. There are a couple of ways you can glean information from this list.
First, you can take note of the asset classes represented here. Second, you can use this list as a starting point for finding hated stocks that might have promise for recovery. Do your own due diligence.
The above table represents the worst of the worst
I am in no way recommending any of these stocks for purchase. Buying them would be like trying to catch a falling knife. But a review of the full list (linked below) might offer some reasonable buy opportunities.
Bear Market ETFs
To broaden the focus, here is a short list of ETFs that are in bear markets.
