Bullbit
Stock Market
Freddie Mac is the worst performing large-cap financial stock YTD
- What: Freddie Mac has underperformed the S&P 500 by **-15.2%** YTD.
- Why: The company's mortgage portfolio has been impacted by rising interest rates.
- Signal: Freddie Mac's stock price has fallen below its **$230** IPO price.
- Target: Analysts expect Freddie Mac to recover in the second half of the year, with a potential target price of **$250**.
- Risk: The company's exposure to mortgage defaults and interest rate volatility remains a significant risk.