When good stocks go bad (part 2)

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Financial Times 12h ago

When good stocks go bad (part 2) - Financial Times

Quick Summary:

This taxonomy leaves various companies on the list of 2014-2024 underperformers uncategorised (Kinder Morgan, Dominion, Lyondell, and US Bancorp).

On top of that, investors became less keen on staples as defensive stocks; “tech companies became the new staples,” she says.

A volatile (at best) decade for oil prices also explains much of the weak showing of oilfield services company Schlumberger; all of its peers have struggled mightily, too.