Reversion to the mean. It's the idea that asset prices tend to eventually return to their historic mean (or average) levels. The concept often becomes reality. Gravity sets in for high-flying stocks. Beaten-down stocks rebound.

Granted, all stocks don't revert to their historical means. But many do. This phenomenon might even present a great opportunity for investors right now. Should you buy this year's worst-performing S 500 stocks for 2024?

It's been a great year for the S 500 overall. The index is on track to finish 2023 with a gain of well over 20%. However, more than one-third of the S 500 stocks are in negative territory as the year comes to a close. Five of them have delivered especially dismal performances.

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Source Fool.com