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Is It Time to Buy the S&P 500's 3 Worst-Performing July Stocks?

TheMotleyFool

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Is It Time to Buy the S&P 500's 3 Worst-Performing July Stocks?

Stocks have continued to rebound from the coronavirus-driven sell-offs that rocked the market in March, and the S&P 500 index is now roughly flat on the year. The index has climbed about 5% in July so far, although not all of its components have benefited from the momentum.

FirstEnergy (NYSE: FE), Intel (NASDAQ: INTC), and Mohawk Industries (NYSE: MHK) have each sank by double digits despite the broader rally and are the S&P 500's biggest losers this month. Should investors bet on rebound potential with these beaten-down stocks or seek out companies that are already thriving and have more promising outlooks?