Burgeman added: “Greggs has again fallen victim to economic pressures this year. The bakery chain warned of staff shortages in October and its shares are down more than 40 percent.”
However, the market consensus suggests that investors can still take advantage of the potential of all three stocks to bounce back when the economy improves.
Dan Boardman-Weston, of the asset manager BRI, said: “Over the past 40 years, FTSE 250 companies have outperformed the FTSE 100 because they are more dynamic and grow faster,” he said.
“They may be more sensitive to the economic challenges Britain is currently facing, but in the long run they have proven to be better for growth.”
Andy Merricks, a fund manager at 8am Global, warned that investors looking for more stable growth for the rest of the year should instead return to the US stock market.
“The revival in ‘value’ at the start of the year, which stimulated unloved British equities, is over. The rotation is over and a recession seems very likely. Investors will now return to defensive companies with steady growth.”