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

What happened to August's worst-performing stocks? Discover if these underperformers from the famous S&P 500 index are potential buys or value traps.The popular S&P 500 (^GSPC -2.12%) had a pretty decent month in August 2024. The economic news was more good than bad last month, lifting the index by 126 points (or 2.3%).But it wasn't a smooth ride. 52 of the S&P 500's 503 components gained more than 10% in August while 20% members saw price drops of 10% or more. Three of these household names took haircuts o ...