Five worst-performing stocks in 2024: Why they’re better buys today | 2024-08-02 | Investing News

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After the release of our top stock picks through mid-year 2024 back in June, it’s only right that we paint a well-rounded picture and share our worst-performing stocks of the year so far, while offering some insight into why they might still deserve a place in your portfolio.

Five worst-performing stocks in 2024

  • Decibel Cannabis: -57.69 per cent return.
  • AnalytixInsight: -61.11 per cent return.
  • Draganfly: -64.3 per cent return.
  • Goldflare Exploration: -66.67 per cent return.
  • Global Compliance Applications: -83.33 per cent return.
  • Returns are year to date as of August 1, 2024.

Decibel Cannabis: -57.69 per cent return

Our first worst-performing stock worth a second look is Decibel Cannabis, featured in July, a consumer products company that has differentiated itself from the majority of its peers by posting steady growth since Canadian legalization in 2018.

Its flagship brands –…

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