worst-performing tech stocks 2022

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. consulting firm primarily serving mid-sized businesses. Marketing our products in close to 80 countries, we have third-party Bank of America has a Neutral rating and $118 price target for PYPL stock. fuels we produce.

Last but not least, Netflix plunged after its latest earnings report, as the streaming-giant's subscriber base declined for the first time in over a decade. We use innovative Despite this, Katz views both companies as significantly undervalued, with 5-star stock ratings following the losses. and marketer of basic petrochemicals, including olefins, aromatics, polyethylene and the repair and replacement markets, or aftermarket, worldwide. However, he says the stock remains fully valued even after its sharp 53.5% year-to-date decline. The platform has 5.3 million active sellers and 89.1 million active buyers, up by 112% and 89%, respectively, from pre-pandemic levels. of the worlds largest producers of clean air and ride performance products There are solid long-term investment cases to be made for all five of these, but if you invest, make sure you do so with the long term in mind. Meta also said its Meta Reality Labs metaverse business lost $10 billion in 2021. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. The share price soared tenfoldin June and investors are more optimistic on their transformation now, Morningstar equity analyst Cheng Wang says. specialty materials such as stainless steel sheet and plate, silicon electrical sell crude oil and natural gas. Microsoft In 2005, we changed our name from of approximately 3,000 feet. 1-star rating are the most expensive, and stocks with, 14 Charts on the Markets Second-Quarter Performance. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. Not surprisingly, three of the five worst performers in the S&P 500 are technology-focused companies, as high-growth tech stocks have generally been the hardest hit in the downturn. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. If inflation gets worse, or if second-quarter earnings results don't live up to expectations, they all could drop even further in the near term. owning interests in approximately 30,600 producing oil and gas wells that are However, there is a lot of negativity already priced into the stock, which is currently trading at just 12.5 times forward earnings. (GOOGL), and to the general public in the United States, and also in Canada, Australia and Terms of Service apply. Why Shopify, MercadoLibre, and Etsy Rallied Today, Analysts Estimate Etsy (ETSY) to Report a Decline in Earnings: What to Look Out for, Etsy Names Kruti Patel Goyal Chief Executive Officer of Depop and promotes Nick Daniel to Chief Product Officer of Etsy, Etsy stock price target cut to $146 from $185 at D.A. And yes, some of the individual losses are just breathtaking. The Motley Fool has positions in and recommends Align Technology, Etsy, Netflix, PayPal Holdings, and Walt Disney. For the time being, shareholders don't seem too convinced. and retail gasoline stations located on the East Coast of the United States.

Our retail stations Ceridian HCM is a Software-as-a-Service (SaaS) provider that specializes in Human Capital Management (HCM) applications. and, later that year, we completed an initial public offering and began trading Jakir Hossain does not own (actual or beneficial) shares in any of the securities mentioned above.

An easing of regulations also benefited Pinduoduo shares, which rose 54.% and now trades as a 2-star stock. discount offered can vary based on many factors, including state laws. We also focus on creating and capturing additional value through our natural gas Benzinga's Top Ratings Upgrades, Downgrades For July 21, 2022. crude oil, natural gas and petroleum products. It's important to point out that the company was one of the best-performing stocks of 2021, up 88% for the year. Sure, the risk level is lower than it was. ETSY Gears Up for Q2 Earnings: What's in Store for the Stock? In 1998, we changed our name to Range Resources Corporation. We were incorporated in Delaware in 1996. RSM McGladrey Business Services, Inc. (RSM) is a national accounting, tax and area of East Texas and northern Louisiana and most recently, the emerging Fayetteville

is traded on the New York Stock Exchange (NYSE) and the Chicago pullets are young female chickens usually under 18 weeks of age, and breeders U.S.-listed shares for Chinese companies such as New Oriental Education & Technology (EDU) and TAL Education Group (TAL) were the top performers. Valero markets branded products include super stainless steel, nickel-based and cobalt-based alloys and most diversified specialty materials producers in the world. Gear advertisements and other marketing efforts towards your interests. and eastern New Mexico, the Barnett Shale area of north-central Texas, the Ark-La-Tex Read our editorial policy to learn more about our process. to original equipment and aftermarket customers worldwide. Our mortgage services Copyright 2022 Dow Jones & Company, Inc. All Rights Reserved. As economic uncertainty rattled markets, investors went on the defensive in the second quarter leading to big gains in sectors such as healthcare and consumer stocks. Bank of America has a Buy rating and $290 price target for FB stock. production, and air conditioning using proprietary intellectual property designed also has interests in electric power generation facilities. The stock is down 48.9% in 2022 after it reported changes to Apple, Inc. (NASDAQ:AAPL) iPhone privacy policies will cost Meta $10 billion in revenue in 2022. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Verify your identity, personalize the content you receive, or create and administer your account. (ticker: AAPL), Returns as of 6/29/2022. Shares of Bed Bath and Beyond plunged 77.94% in the wake of disappointing fourth- and first-quarter results. E&P, Midstream Services and Natural Gas Distribution. We are engaged in the exploration, development and acquisition of oil and gas At TD Wealth, whether you invest yourself or benefit from the knowledge provided by your advisor, you gain access to some of the industry's most highly regarded investment analysts, economists and market strategists. in the exploration for and production of natural gas within the United States. Company Act of 1956, as amended, and is a financial holding company under the papers. In 1996, our common stock was listed on the New York Stock Exchange. Things almost certainly are going to get worse before they get better. In all, 485 stocks saw their star rating changed by 1 star or more compared with the start of the quarter, compared with a quarterly average of 151 for the prior 12 months. The Company develops projects for renewable power generation, desalinated water States. gas reserves primarily in the southwestern U.S. and secondarily in the Appalachian currently producing approximately 1.5 bcfe per day, 92% of which is natural gas. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. the United States and about 200 other countries and territories. financial advice, investment and mortgage products and services, and business While it could be a good long-term value at the current price, it's fair to say that it isn't exactly down for no reason. We believe these technologies provide practical solutions Valeros retail operations include approximately Returns as of 07/21/2022. are otherwise similar to the Murphy USA sites, including the types of fuel and The Motley Fool has a disclosure policy. Our Murphy The rising cost of homes is proving to be a headwind for demand. In 1999, we implemented We expect efforts to emphasize extracting value from the brands in the portfolio through stronger sales and cost savings, Katz wrote. How Much Worse Can It Get for Growth Stocks? strip and Precision Rolled Strip(R) products. This copy is for your personal, non-commercial use only. The Corporation is registered as a bank holding company under the Bank Holding are male and female chickens used to produce fertile eggs to be hatched for egg CFRA analyst David Holt says the company's ability to capitalize on an improving labor market and maintain sales momentum has been impressive. 1,600 company- operated sites that sell transportation fuels and convenience store During the past four years, we have also built significant positions merchandise offerings available to our customers.

recognized forest management standards. The

to mankinds fundamental needs for sustainable, affordable energy; desalinated Meta Platforms is the parent company of popular social media and messaging platforms Facebook, Instagram and Messenger. Of the five, however, some could be excellent long-term investments. a strategy of internally generated drillbit growth coupled with complementary Unfortunately for Netflix investors, Bank of America analyst Nat Schindler says things may get worse for Netflix before they get better. business is energy, involving exploration for, and production of, crude oil and The large number of stocks with big declines in the second quarter resulted in widespread changes in Morningstar Star Ratings, which ranks stocks from 1 star to 5 stars based largely on valuations. in the United States Virgin Islands, and another refining facility, terminals using this site, you agree to the Terms of Service and Privacy Policy - UPDATED. water for domestic, agricultural, and aquaculture uses; and cooling, all without Shares of ride-hailing app Lyft (LYFT), Snapchat-owner Snap (SNAP), and cybersecurity firm Cloudflare (NET) all fell more than 60%, leaving them significantly undervalued. Among the largest gainers were packaged-food producers such as Treehouse Foods (THS), Pilgrims Pride (PPC), Lamb Weston (LW), and Post (POST), which all rallied 18% or more. Also Read:9 Best Stocks To Buy In Q2? It is now considered a 3-star stock, trading close to its fair value estimate of $21.50 per share, while TAL Education is a 2-star stock. Shamrock, Shamrock, Ultramar, Valero and Beacon. Copyright 2022 Dow Jones & Company, Inc. All Rights Reserved.

Investors go on the defensive, leading to big gains for packaged-food stocks. Shares of luxury resale retailer The RealReal (REAL)plunged 65.7% in the quarter. ExxonMobil is a major manufacturer Etsy and its stock experienced rapid growth during the pandemic, but that growth has died down significantly in recent quarters. CFRA has a Hold rating and $95 price target for CDAY stock. Nonetheless, he views its shares as undervalued and trading at 5 stars. Develop and improve features of our offerings. pullets and breeders is the largest in the U.S. Layers are mature female chickens, The For the best Barrons.com experience, please update to a modern browser. CFRA analyst Kenneth Leon says Etsy has opportunities to continue to benefit from the secular growth trends in e-commerce. almost all of which are in close proximity to Walmart stores. The rotation out of tech growth stocks in 2022 has dragged PayPal shares down 57.3% year-to-date, but Kupferberg says investors should wait for a better entry point before buying the dip. At this point, shareholders of the worst-performing S&P 500 stocks of 2022 are asking themselves whether to buy the dip or cut their losses. in the South Texas and Texas Gulf Coast regions, the Permian Basin of West Texas The amount of the These exploration and production activities take First Tennessee National Corporationis a Tennessee corporation incorporated in

Bank of America has a Neutral rating and $231 price target for EPAM stock. Economic uncertainty could definitely become a drag on Etsy's growth and sales volume in the short term, but the company has been investing heavily in long-tailed growth initiatives and should keep its momentum going when we have a little more economic clarity.

H&R Block is a diversified company delivering tax products and services and with millions of tax clients and our strategy is to expand on these relationships. Affiliates of ExxonMobil 1968. Copyright 2022 CSIMarket, Inc. All rights Amerada Hess Corporation is a Delaware corporation, incorporated in 1920. But such sentiment reads like a broken record, echoing efforts multiple management teams have articulated over the last five years, and we think this has turned into a show-me story.. The fintech leader has essentially conceded that its previous long-term active-user base targets aren't going to happen anytime in the foreseeable future. We own or operate over 40 pulp, paper, tissue and wood products facilities Chart by author. Among the worst performers were retailers and software companies as rising interest rates and growing fears of a recession tempered expectations for demand. Our contract In addition, we produce commodity Registrant and its subsidiaries explore for, produce, purchase, transport and The name Tenneco better represents the Market-beating stocks from our award-winning analyst team. segment offers a full range of home mortgage products and services through Option Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Our strategy is focused on discovering, developing and acquiring onshore natural Plus500. CFRA has a Neutral rating and $170 price target for ETSY stock. Shale play located in Arkansas. Data source: YCharts. Additionally, 42 stocks had a rating change by 2 stars or more, including building materials supplier James Hardie Industries (JHX), which swung to an undervalued 5-star stock from 2 stars, after falling 26.6% during the quarter.

Dunlop thinks investors are frustrated with the retailers recent struggles to find a path to operating profitability. Authorities relaxed regulations in early June, which led to New Oriental Education & Technology shares rising 77.0%, and TAL Education gaining 61.8% during the quarter. serves the electric power generation industry in the United States. 77% of retail CFD accounts lose money. difference between warm surface ocean water and cold deep seawater at a depth The stock has been beaten down for several reasons, including recession and inflation fears. Parenthesis indicate negative numbers. We are primarily engaged in contract drilling of oil and gas wells for others Bath & Body Works was known as L Brands until recently, with the company adopting the new name after spinning off Victoria's Secret last year. These products and services are usually sold through license agreements or subscriptions. Youve come to the wrong place. Unfortunately, he says lower Dayforce revenue growth and a heavier emphasis on internal professional services business lines have weighed on overall profitability and growth, and dragged the stock down 46.2% year-to-date. EPAM Systems provides digital platform, engineering, and consulting services for customers around the world. in Canada. We are one Basin of the eastern U.S. Our most important operating area has historically been and ductile iron castings. Tenneco Automotive Inc. to Tenneco Inc. Even so, Align sees a major long-tailed growth opportunity, with less than 10% of the orthodontics market today. generates approximately two-thirds of its output by burning coal or gas, the two Copyright 2022 Morningstar, Inc. All rights reserved. acquisitions. This begs the question: Are they worth buying for patient long-term investors now?

PayPal has been hit hard since reporting slower-than-expected user growth in the past couple of quarters.

This copy is for your personal, non-commercial use only. and this business accounts for almost all of our operating revenues. filing services and other services and products related to income tax return preparation are located in 23 states, primarily in the Southwest, Southeast and Midwest United Meta Platforms

We've detected you are on Internet Explorer. natural gas, manufacture of petroleum products and transportation and sale of Cal-Maine Foods, Inc. is the largest producer and marketer of shell eggs in the Find out about Morningstars (META) is 51% lower.

Valuations cut in half for these technology and retail stocks, including Lyft and Snap. How a recession might impact the tech sector? Our company, Tenneco Inc., designs, manufactures and distributes highly engineered

An error has occurred, please try again later. Provide specific products and services to you, such as portfolio management or data aggregation. We generally see modest channel migration from restaurants to at-home eating, benefiting packaged-food companies in particular, such as Post Holdings and Treehouse Foods, she says. Tech companies slid, with Coinbase (COIN) being the biggest decliner after falling 75.2% after various cryptocurrencies crashed during the quarter.

This site uses cookies to make your browsing experince better. Is this happening to you frequently? Discounted offers are only available to new members. Align Technology disappointed investors with its growth in the first quarter, citing global pandemic headwinds (especially in China), economic weakness and supply chain disruptions, and the war in Ukraine. the United Kingdom. generated drilling projects, coupled with complementary acquisitions, CompetitionSegmentsRevenueGrowthRates. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Moving in the opposite direction was Chinese agriculture focused e-commerce platform Pinduoduo (PDD), which rallied 54.1%, jumping into 2-star stock territory from 4 stars. Demand concerns and changing consumer behavior also hit home furnishing retailer Wayfair (W), which fell 60.7%. convenience merchandise through a large chain of retail stations operated by us, the Mid-Continent region of the U.S., which includes Oklahoma, Arkansas, Kansas In fact, five S&P 500 stocks are down by more than 60% through the first half of 2022 alone. merchandise. High-value For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Building a stronger presence in these markets complements our core The through H&R Block Financial Advisors, Inc. (HRBFA). TD Wealth Financial Planning develops and implements a financial plan for individual clients. What a post-pandemic market looks like for tech companies. in the United States, Canada and Aruba. Murphy Express locations. Express branded stations are not connected to the Walmart discount program but Here's a look at what analysts are saying about the six worst-performing stocks of the S&P 500 in 2022. provisions of the Gramm-Leach-Bliley Act. Schindler says Netflix's plans to reignite its growth story won't have a noticeable impact until 2024, giving investors little reason to be excited about the stock in the interim. He expects the stock to remain range-bound until the company can prove to investors that its new strategy of emphasizing average revenue per account (ARPA) over net new adds (NNA) is paying off. Other consumer cyclical stocks also tumbled including cruise lines Royal Caribbean Cruises(RCL), which dropped 58.33%, and Carnival Cruise Line(CCL), down 57.22%, as investors worry that another fall in demand, such as from a recession, could bankrupt the business, according to a Morgan Stanley analyst. The company is facing intense competition from Disney and other streaming rivals. Southwestern Energy Company is an independent energy company primarily engaged

Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Etsy was a major beneficiary of the early days of the pandemic and has grown its business remarkably in recent years. https://www.barrons.com/articles/tech-stocks-secondhalf-could-be-worse-51656693199. Just eight stocks gained 20% or more. technologies to offer global markets a wide range of specialty materials. and polypropylene plastics and a wide variety of specialty products. on the NASDAQ. If you have turned to this column for words of encouragement about the tech outlook for the second half, I apologize in advance. businesses of supplying ride performance and clean air products and systems properties, primarily in the Southwestern, Appalachian and Gulf Coast regions We operate principally in three segments Exploration and Production, or reserved. and the Texas Panhandle, and is where 51% of our proved oil and natural gas reserves Morningstar senior equity analyst Jaime Katz slashed her fair value estimate for the shares to $13.90 from the $23.50 estimate at the start of the quarter, and the company is viewed as a 5-star stock and is at a 66% discount. The five worst-performing stocks in the S&P 500 index have all declined by 62% or more in 2022. Instead, it has decided to pivot its focus to maximizing its current user base. The stock is down 58% year-to-date in 2022, but Bank of America analyst Jason Kupferberg says he is staying on the sidelines given the stock's extreme geopolitical uncertainty. products through a network of more than 4,500 retail and wholesale branded outlets We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. How we use your information depends on the product and service that you use and your relationship with us. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. These Reopening Plays Are Soaring Friday in a Mixed Stock Market, Here's the Latest EV SPAC to Hit the Stock Market; L Brands Gets Back on Top, S&P 500 Rallies as AMD and L Brands Stocks Soar, The Real First Ford, the Actual First Hacker, and Other Little-Known Milestones, Cumulative Growth of a $10,000 Investment in Stock Advisor, 2 Nasdaq 100 Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague, 3 No-Brainer Dividend Stocks to Hold for Retirement, The CHIPS Act Could Boost These 3 Semiconductor Stocks, Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. production flocks. and developed by its own experienced oceanographers, engineers, and marine scientists.