10 Worst Performing Large Cap Stocks to Buy According to Analysts

3. POSCO Holdings Inc. (NYSE:PKX)

Market Capitalization: $14.04 Billion

1-Year Performance: -43.54%

Number of Hedge Fund Holders: 19

Analyst Upside Potential: 34.95%

POSCO Holdings Inc. (NYSE:PKX), is a South Korean company primarily focused on steel production. It is recognized as one of the largest steel manufacturers globally and provides various steel products like hot-rolled and cold-rolled steel, stainless steel, and wire rods. Moreover, the company also ventures into power generation, information technology services, and eco-friendly initiatives like renewable energy and lithium processing for batteries.

The company has been facing issues related to weak domestic and international markets, and oversupply of steel from China. As a result, the company faced notable challenges in 2024. Its sales dropped by 5.8% during the year to KRW 72.688 trillion, whereas net profit fell by 48.6% to KRW 948 billion. This has resulted in the stock falling around 43% over the past year.

However, analysts’ sentiment suggests POSCO Holdings Inc. (NYSE:PKX) is poised for growth in 2025. The company during fiscal fourth quarter 2024 earnings release indicated its steps towards global expansion. It reported signing an agreement with India’s JSW for collaboration in steel, batteries, and energy. Moreover, the company also invested in lithium production plants in Argentina, Korea, and other regions. It is one of the worst-performing large-cap stocks to buy according to analysts.