These 3 Stocks Gained When Seemingly Everything Else Sold Off Last Week. Are They Worth a Buy Here?

Core Viewpoint - The S&P 500 Index experienced a notable decline, primarily driven by a few large tech stocks, highlighting the volatility of the market and the tendency for rapid declines compared to rises [1]. Group 1: Market Performance - On a recent trading day, approximately one-fourth of the S&P 500 Index stocks were positive, with 32 stocks rising by at least 1%, indicating potential opportunities despite overall market weakness [2]. - Many S&P 500 stocks have struggled to maintain rallies, typically seeing only 5%-7% increases before faltering [4]. Group 2: Stock Analysis - McCormick (MKC), a leading spice manufacturer, is highlighted as a stable investment despite a trailing earnings multiple of 22x and a history of losses over the past three years, suggesting that stability is valued in the current market [4]. - Edison International (EIX), a California-based electric utility, is identified as a speculative comeback candidate, trading at 10x earnings and recovering from significant fire damage in its operational area [5].