Are These Nasdaq Laggards Ready to Explode Higher?
The stock market had a bad day on Tuesday, but even in the midst of losses, the Nasdaq Composite (NASDAQINDEX: ^IXIC) still managed to top other major market benchmarks. Even as the Dow and S&P 500 sank considerably, the Nasdaq's losses were limited to just a tenth of a percent by the end of the trading session. At times during the day, the Nasdaq even traded higher briefly.
Yet even the Nasdaq can't boast a 100% participation rate in terms of every stock gaining ground in what's been a tumultuous 2020. A couple of stocks in the Nasdaq 100 index stand out as major holdouts in the bull market lately. While it's not terribly surprising to see Marriott International (NASDAQ: MAR) on the list, Walgreens Boots Alliance (NASDAQ: WBA) doesn't seem to make as much sense at first glance. Below, we'll take a closer look at both.
Marriott International saw its stock fall almost 2.5% on Tuesday, adding to its downward move for the year. So far in 2020, the hotel giant's share price is down by 33%.
Source Fool.com
