After the S&P 500 roared back over the past six years following the Financial Crisis, the market took a break in 2015, finishing the year down 0.73 percent. Some unfortunate stocks, however, were hit harder than others.
With oil and other commodity prices hitting new multi-year lows in 2015, many of the worst performing stocks in the S&P were oil/gas and commodity-related names.
Here’s a look at the five worst performing stocks in the S&P 500 in 2015. Each of these five stocks gave up more than two-thirds of its market cap throughout the year.
5. Fossil Group Inc FOSL 1.63%
With the dawn of the smartwatch, conventional watchmakers now run the risk of becoming a relic of the past. Fossil’s stock fell 66.8 percent in 2015.
4. Freeport-McMoRan Inc FCX 9.08%
With copper prices at six-year lows, it’s not surprising to see one of the world’s largest copper producers make the 2015 worst performers list. Freeport’s stock plummeted 70.1 percent on the year.
3. Southwestern Energy Company SWN 2.39%
After an ugly 30.0 percent swoon in December, Southwestern landed…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!