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Look out below: These stocks have the furthest to fall, according to analysts

A Gap store in New York, August 2, 2020.

Scott Mlyn | CNBC

With the markets hovering around record highs, it’s a stock picker’s market. Wall Street analysts recommend steering clear of these names, which they expect to plummet from here.

CNBC Pro screened for the stocks that analysts believe have the longest way down to go.

The list of companies are S&P 500 names with the largest declines projected, according to the average 12-month price target from Wall Street analysts. The stocks also have less than 50% buy ratings.

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