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Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the last five years is 131.9%. But there is no question some big-name stocks performed better than others along the way.
Valeant’s Downfall: One company that has been a disastrous investment in the last five years is health care company
Bausch Health Companies Inc (NYSE: BHC), formerly known as Valeant Pharmaceuticals.
Not only has Bausch lagged the overall market in the last five years, Valeant represents one of the most infamous stock collapses in recent decades.