Monday, December 28, 2009
Ten Best- and Worst-Performing Stocks of 2009
Given the recession-marred year and the battering the U.S. stock market took in 2008, it should come as little surprise that many of the current year's best-performing stocks are comeback stories.
Also to be expected, perhaps, is the heavy presence of financial companies among 2009's worst performers, given the sector's ongoing troubles that resulted in the failures of more than 130 U.S. bank and thrift failures during the year.
The Best:
Ford Motor Co. up 309%
The auto maker in December reported it sold many more U.S. vehicles in November versus a year ago on strong demand for its fuel-efficient vehicles.
Expedia Inc. up 210%
The online travel site is viewed as well-positioned to continue to swipe market share from traditional competitors.
...and 8 others here
The Worst:
Citigroup Inc. down 52%
The banking giant's surprisingly low pricing of a mid-December offer illustrated just how wary investors were about Citi's ability to return to fiscal health.
Eastman Kodak Co. off 40%
The company in early December said it would sell its business that develops screen technology to end a long-standing dispute as it shifts from its fading traditional camera and film business into digital technology.
...and 8 others here
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