We recently published a list of 15 Stocks That Took a Nosedive in January. In this article, we are going to take a look at where FTAI Aviation Ltd. (NASDAQ:FTAI) stands against other stocks that took a nosedive in January.
Historically, the S&P 500’s performance in January sets the pace for the rest of the year. According to Jared Blikre, Yahoo Finance Markets Editor, the S&P 500 returned nearly 17% in January, which is pretty impressive because a positive January usually translates as a positive year for the markets. Jared also added that while the energy and utilities sectors are lagging, the communication services and healthcare segments are showing signs of strength.
At the same time, while the S&P 500 remained positive at the end of January, some stocks declined due to various reasons especially the launch of the Chinese OpenAI rival, DeepSeek, and new regulations amid the new administration.
15 companies in diverse sectors such as the financials, biotechnology, healthcare, technology, and energy industries, declined due to unsupportive market conditions, macroeconomic environment, and other factors. That said, let’s take a look at the 15 stocks that took a nosedive in January.
To come up with the 15 names, we only considered stocks with a market capitalization of more than $2 billion. We then shortlisted the stocks based on their performance in the past quarter and picked the 15 with the largest 30-day decline from January 3, 2024, to February 3, 2025.
At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
FTAI Aviation Ltd. (NASDAQ:FTAI)
30-day Decline as of February 3, 2025: 33.9%
FTAI Aviation Ltd. (NASDAQ:FTAI) struggled quite a bit in January, marking a nearly 34% decline in share price through the 30 days. During the period, the company registered the largest decline between January 14 and January 15, going from $153.29 to $116.08 in just one day.
FTAI Aviation Ltd. (NASDAQ:FTAI), also referred to as the Fortress Transportation and Infrastructure Investors, is one of the leading suppliers of aftermarket power and maintenance to commercial jet engines. The stock declined following a short seller’s report, which could significantly delay its financial statements.
On January 22, analyst firm Stifel lowered its price target on FTAI from $167 to $100, keeping a buy rating on the stock. The decision came after the CEO of FTAI Aviation Ltd. (NASDAQ:FTAI) responded to the Muddy Waters short report. The transcript suggested that the CEO addressed the claims but did not explain how many modules were being sold relative to whole engines.
Overall, FTAI ranks 5th on our list of stocks that took a nosedive in January. While we acknowledge the potential of FTAI to grow, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FTAI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.