CNBC Pro screened for stocks that are already trending downward to determine which stocks might fall further.
According to analysts' consensus price targets, these stocks have an estimated downside of 5% or more, and all have a market capitalization of at least $2 billion.
Here are the stocks that are already in a correction and still disliked on Wall Street.
Shares have slumped 21.5% since May 2023 and — based on analysts' consensus price target — are estimated to decline another 29.1%.
Other stocks already in a correction and vulnerable to additional declines include Palantir Technologies , Dillard's , MGE Energy , GameStop and Advance Auto Parts .
Persons:
CNBC's David Faber
Organizations:
Dow Jones, Nasdaq, CNBC Pro, Bank of, FactSet, Fed, Silicon Valley Bank, Regional Banking ETF, CBS, Paramount Global, Skydance Media, Paramount, Palantir Technologies, MGE Energy, GameStop, Advance
Locations:
Bank of Hawaii, Silicon, Bank