Only 47 S&P 500 stocks fell in past year – Wall Street predicts they will climb to 54% in 12 months



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Stock market investors have made remarkable progress. But even during a bull market, some stocks retreat or even plunge.

Over the past year, the S&P 500 SPX Index
climbed a remarkable 34.7%, excluding dividends. And during this period, only 47 of its components have fallen in price.

All 11 sectors of the S&P 500 rose in that one-year period through September 27, led by Energy, up 74.5%, and Financials, up 64. 9%. The worst performing sector was utilities, up “only” by 9.6%.

So who are the losers? An example is Activision Blizzard Inc. ATVI,
the developer of the Call of Duty and World of Warcraft video game franchises. The company agreed on September 27 to pay $ 18 million as part of a settlement of the Equal Employment Opportunities Commission investigation into allegations of sexual harassment by Activision Blizzard employees . The stock is down 7% in the past year, but analysts estimate it will rise 54% over the next 12 months.

Here is a list of the 47 S&P 500 stocks that were down for a year until September 27. The list is sorted by percentage of “buy” or equivalent ratings among Wall Street analysts surveyed by FactSet.

Among them, 20 are rated “purchases” by a majority of analysts. Consensus price targets imply a double-digit hike for the 20s:

Society

Price reduction – one year until September 27

Share “buy” reviews

Closing price – Sep 27

Consensus price target

12-month implied upside potential

Activision Blizzard Inc. ATVI

-7.3%

94%

$ 75.08

$ 115.34

54%

Global Payments Inc. GPN

-6.5%

81%

$ 163.61

$ 227.15

39%

Lamb Weston Holdings Inc. LW

-5.2%

78%

$ 61.53

$ 85.43

39%

FedEx Corp. FDX

-9.5%

75%

$ 226.51

$ 312.62

38%

Vertex Pharmaceuticals Inc. VRTX

-31.6%

74%

$ 183.41

$ 260.67

42%

Fidelity National Information Services Inc. FIS

-14.8%

72%

$ 124.32

$ 165.93

33%

Newmont Corp. NEM

-12.2%

71%

$ 53.90

$ 72.65

35%

Merck & Co. Inc. MRK

-11.5%

71%

$ 73.36

$ 93.39

27%

Akamai Technologies Inc. AKAM

-2.2%

69%

$ 109.02

$ 132.75

22%

FMC Corp. CMF

-9.5%

68%

$ 95.44

$ 122.29

28%

Take-Two Interactive Software Inc. TTWO

-10.3%

67%

$ 148.65

$ 206.82

39%

VF Corp. HRV

-3.4%

67%

$ 68.17

$ 95.95

41%

Atmos Energy Corp. ATO

-8.1%

64%

$ 87.58

$ 109.78

25%

Air Products & Chemicals Inc. APD

-9.9%

62%

$ 261.91

$ 318.30

22%

Dominion Energy Inc. D

-4.2%

61%

$ 73.81

$ 84.73

15%

Incyte Corp. INCY

-20.0%

60%

$ 69.26

$ 101.27

46%

Fortive Corp. FTV

-1.2%

60%

$ 73.29

$ 84.13

15%

Lockheed Martin Corp. LMT

-8.6%

55%

$ 353.36

$ 422.38

20%

DTE Energy Co. ETTD

-1.8%

55%

$ 112.60

$ 128.20

14%

Paccar Inc. PCAR

-2.4%

53%

$ 81.56

$ 99.56

22%

CMS Energy Corp. CMS

-3.1%

50%

$ 59.46

$ 67.44

13%

Las Vegas Sands Corp. LVS

-19.3%

47%

$ 37.90

$ 58.00

53%

IPG Photonics Corp. IPGP

-0.5%

46%

$ 164.20

$ 221.63

35%

Viatris Inc. VTRS

-4.2%

44%

$ 13.82

$ 18.85

36%

Conagra Brands Inc. CAG

-3.8%

41%

$ 33.79

$ 37.20

ten%

Citrix Systems Inc. CTXS

-20.0%

38%

$ 108.97

$ 111.92

3%

Dollar Tree Inc. DLTR

-2.9%

36%

$ 86.87

$ 105.52

21%

Eversource Energy ES

-1.2%

32%

$ 81.50

$ 91.39

12%

Pinnacle West Capital Corp. PNW

-2.0%

31%

$ 72.29

$ 80.92

12%

Amgen Inc. AMGN

-12.6%

31%

$ 213.11

$ 246.10

15%

Progressive Corp. PGR

-2.1%

29%

$ 90.68

$ 97.08

7%

Church & Dwight Co. Inc. CHD

-11.2%

27%

$ 82.56

$ 91.02

ten%

Verizon Communications Inc. VZ

-8.3%

25%

$ 54.47

$ 60.45

11%

AT&T Inc. T

-2.3%

24%

$ 27.40

$ 30.73

12%

Western Union Co. WU

-4.2%

24%

$ 20.66

$ 26.25

27%

GIS of General Mills Inc.

0.0%

24%

$ 59.65

$ 63.33

6%

CH Robinson Worldwide Inc. CHRW

-12.4%

22%

$ 89.71

$ 99.06

ten%

Campbell Soup Co. CPB

-11.1%

20%

$ 42.26

$ 46.03

9%

Kimberly-Clark Corp. KMB

-9.6%

20%

$ 132.43

$ 139.41

5%

WEC Energy Group Inc. WEC

-8.3%

19%

$ 88.33

$ 99.50

13%

MarketAxess Investments Inc. MKTX

-10.3%

18%

$ 417.22

$ 477.11

14%

Clorox Co. CLX

-22.1%

16%

$ 164.87

$ 161.66

-2%

McCormick & Co. Inc. MKC

-11.9%

14%

$ 84.35

$ 90.55

7%

Xcel Energy Inc. XEL

-9.1%

13%

$ 62.25

$ 71.86

15%

Brown-Forman Corp. Class B BF

-8.5%

6%

$ 68.15

$ 72.85

7%

Edison Inc. Consolidated ED

-4.3%

6%

$ 72.53

$ 73.07

1%

Hormel Foods Corp. HRL

-16.2%

0%

$ 40.94

$ 45.56

11%

Source: FactSet

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