Why buying the biggest stock-market losers can be a winning strategy
1. PayPal and Comcast are top stock picks despite recent losses. 2. A strategy of buying worst-performing stocks has historically yielded high annualized returns. 3. Investor overreaction can lead to sharp reversals in stock performance. 4. Contrarian investment strategies may benefit from recent downturns in major stocks. 5. The S&P 500 gained slightly while selected stocks faced significant losses.