When the stock market dropped to its lows during March,
those courageous enough to buy had their pick of hundreds of
stocks trading at
bargain prices. Prices soared quickly, though -- so if
you didn't jump in quickly, you missed out on some amazing
gains.
As painful as the losses that many stocks suffered during
the worst market swoons in late 2008 and early 2009, the
bounces from those lows have been equally dramatic. Just look
at the turnaround that many stocks have seen over the past
six months:
Stock
Return From Sept. 3, 2008 to March 3,
2009
Return From March 3, 2009 to Sept. 3,
2009
Wells Fargo (NYSE: WFC)
(64.6%)
153.2%
eBay (Nasdaq: EBAY)
(57%)
105.7%
International Paper (NYSE: IP)
(82.2%)
368.6%
Dow Chemical (NYSE: DOW)
(79.5%)
198.5%
Motorola (NYSE: MOT)
(64.3%)
133.3%
Nordstrom (NYSE: JWN)
(60.2%)
132.1% Continued... |