When the Trump tax cuts went into effect in early 2018, most analysts thought that it would be a jump start for both earnings and stock prices. There’s no doubt that earnings have received a boost. But robust earnings reports haven’t translated to higher stock prices for a number of stocks. In fact, a number of stocks have dropped over 20% in 2018 – that qualifies as a bear market. This is all despite positive earnings reports.
So what’s the deal?
The usual suspects have been the fear of rising interest rates, the trade war with China that still has no clear resolution, and what seems to be prevailing anxiety among investors that the bull market that has been in place for almost 10 years may have run its course.
But when some stocks are down, it can represent a good buying opportunity. We've identified eight stocks that are being bested by the S&P 500 Index but represent a good buying opportunity.
Click the "Continue to Slide #1" button to view the first company.
