22 S&P 500 Stocks with Negative Decade-Long Returns

22 S&P 500 stocks have lost money over the past decade, despite the broader market's rise. This indicates that long-term underperformance is rare in a rising market. Walgreens, General Motors, and Intel are among the underperforming stocks.

Despite the broader market's rise over the past decade, 22 stocks in the S&P 500 have posted negative total returns, according to data compiled by the Bespoke Investment Group [1]. This underperformance, although rare, highlights the challenges faced by some companies in a generally bullish market.

Walgreens Boots (WBA), Viatris (VTRS), and PG&E (PCG) are among the steepest laggards, with Viatris (VTRS) down 15% year-to-date. The company recently received FDA approval for its Iron Sucrose Injection, USP, as a generic product targeting Venofer, but this has not yet translated into significant stock gains. Walgreens Boots (WBA), on the other hand, has seen a 28.3% increase since the start of the year, with its last trading day set for Wednesday, following the approval of its sale to Sycamore Partners [1].

Most of the underperforming stocks have staged a sharp rebound this month, climbing an average of 6.8%. For instance, Walgreens Boots (WBA) has seen a 3.7% increase month-to-date, and Viatris (VTRS) has rebounded by 20.6% [1].

General Motors (GM), despite its significant investment in U.S. manufacturing, has also struggled. The company announced a $4 billion investment to boost U.S. production and limit exposure to new duties, highlighting the impact of tariff pressures on operational decisions [2]. This investment aims to reduce exposure to costly duties but does not materially remove the biggest risk of long-term tariff uncertainty.

Intel (INTC) has also seen underperformance. The company has been grappling with various challenges, including production delays and supply chain issues, which have impacted its stock performance. Despite these challenges, Intel has been working on strategic initiatives, such as its partnership with Microsoft and other tech giants, to bolster its position in the market.

Overall, the performance of these stocks underscores the importance of individual company fundamentals and the impact of external factors, such as tariffs and regulatory changes, on stock performance. Investors should closely monitor these factors when evaluating long-term investment opportunities.

References:
[1] https://seekingalpha.com/news/4489057-22-sp-500-stocks-have-lost-money-over-the-past-decade
[2] https://simplywall.st/stocks/us/automobiles/nyse-gm/general-motors/news/what-general-motors-gms-4-billion-us-manufacturing-push-mean