Got $1,000? Buy These 4 Beaten-Down Stocks Right Now

Amid record-breaking levels of volatility, we've witnessed the S&P 500 lose more than a third of its value in a five-week stretch, as well as the technology-dependent Nasdaq Composite set more than two dozen all-time closing highs. Despite inevitable stock market corrections and bear markets, the S&P 500 has historically gained 7% per year, inclusive of dividend reinvestment. One of the hardest-hit industries during the coronavirus crash were bank stocks, with Wells Fargo (NYSE: WFC) leading the way to the downside among money-center banks.