The S&P 500 has been practically unstoppable over the trailing-12-month period, with the broad-based index up 15%. That’s more than double its historic annual gain of 7%, inclusive of dividend reinvestment.
Unfortunately, some stocks have been left in the dust. There’s usually a reason that a company underperforms the market, but it’s up to investors to determine whether these reasons are business-altering events or temporary obstacles.