4 Brand-Name Stocks to Avoid Like the Plague

4 Brand-Name Stocks to Avoid Like the Plague

The unprecedented uncertainty created by the coronavirus disease 2019 (COVID-19) pandemic tanked the broad-based S&P 500 during the first quarter. Whereas bear market declines of at least 30% have historically occurred over 11 months, the S&P 500 shed 34% of its value in roughly one month. If you're looking to put your money to work in well-known businesses, I suggest keeping these four brand-name stocks off your list.