It could take up to five years for some of the S&P 500’s biggest implosions, including Netflix, PayPal (PYPL) and Penn National Gaming (PENN) to bounce back to their highs, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. That’s if the stocks gain at the same pace they did in the five years from 2017 through 2021.
To be sure, this analysis is just an estimate. It’s possible some of these battered S&P 500 stocks will turn on the jets and rally even faster than they did before. It’s equally likely they might stall or fall further. But it’s an estimate based on stock-specific data rooted in years of recent market history.
Following the S&P 500’s epic decline this year, it’s only natural for investors to wonder how long they might wait for a recovery. And of course, savvy growth stock investors know to wait until there’s a confirmed uptrend.
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