“Millennials Lose Their Shirts On These 3 Collapsing Stocks”
December 7, 2020
“Millennials are down 50% or more on three of their most popular 100 stocks, which they also were big holders of coming into the year. The big losers they’ve ridden down this year include industrial American Airlines (AAL), financial Wells Fargo (WFC) and energy Exxon Mobil (XOM). These losses show up on an Investor’s Business Daily analysis of millennials’ holdings from Apex Clearing plus market returns from S&P Global Market Intelligence and MarketSmith.
And these are just the big S&P 500 duds millennials held onto all year. Some other falling stocks down 50% in 2020 became popular this year with millennials, including consumer discretionary Carnival (CCL), industrial United Airlines (UAL) and real estate play Simon Property (SPG)…”
They should have sold the gas and travel stocks but if they still own them they should hold on to them at this point. I expect travel to return to normal sometime next year and I see gas stocks as a possible wild card