TL;DR
Some big companies like Dollar Tree, Walgreens, and Intel are having a tough time in 2024, while others like Moderna might be making a comeback. It’s a reminder that the stock market has its ups and downs.
Story
Imagine playing a game of stocks and shares, but instead of Monopoly money, it’s real money, and some players aren’t having much fun. That’s kind of what’s happening with some big companies this year. Think of it like this: some toy stores aren’t selling as many toys, so their value goes down. That’s the story of companies like Dollar Tree and Dollar General, they are having a tough time in 2024. One Reddit user joked about subscribing to a podcast that recommended those stocks. Whoops!
Drugstores like Walgreens are facing a similar situation. It’s like when a new, fancier bakery opens up in town. Suddenly, the old bakery needs to figure out how to keep up. One user wondered, “Why do people hate drug stores all of a sudden?” Well, maybe not hate, but some shoppers are choosing different options.
Intel, the computer chip maker, also has a story. They are like a phone maker that’s struggling to compete with the latest models. It’s a competitive market out there!
Enphase, a solar energy company, is another example. Imagine a toy company that makes solar-powered robots. If suddenly the sun wasn’t shining as bright, or the price of solar panels went up, their toys might not sell as well. That’s the challenge Enphase is facing.
Now, there’s a twist. Just like in any good game, there can be comebacks. Moderna, the company that makes vaccines, might be on the rise. Remember the pandemic? Well, new viruses, like the bird flu, mean that companies like Moderna might become important again.
So, what’s the lesson here? Sometimes, even the biggest companies can stumble. It’s like a game of snakes and ladders – there are ups and downs. Remember, if you’re thinking about investing, always do your research and understand the risks involved.
Advice
Investing is like a game with winners and losers. Do your research, understand the risks, and remember that even big companies can have tough times.
Source
https://www.reddit.com/r/wallstreetbets/comments/1hr4lvr/sp_500s_biggest_losers_of_2024/