I recently published my updated list of
the 10 best-performing stocks since the last recession,
to help you identify the lessons that will help us this time
around.
The study yielded some fascinating insights, not the least
of which was that investors who keep their wits about them
during times of
maximum pessimismcan truly make money on incredible
stocks.
When my colleague John Reeves and I first began this study
a year ago, we got some great email feedback from our Foolish
readers, some of whom suggested that a piece on the 10
worststocks since the last recession would also be
helpful. And we knew taking that route would be fun.
To keep things interesting, I excluded bankruptcies and
stocks delisted as of January 2009. Without further ado:
Company
Returns, March 2001-November 2001
Return on Equity*
Price/Sales*
CEO Compensation Per $1 Million in
Sales*
Total Return, 2001-2008
Cell Therapeutics
11%
(52.2%)
-
$1,580,000
(100%)
Biopure
2%
(48.2%)
176.7
$116,000
(100%)
Young Broadcasting
(55%)
(2.33%)
1.69
$12,000
(99.9%)
Avanex
(75%)
(33.7%)
53.8
$3,800
(99.9%)
Targeted Genetics
(29%)
(124.9%)
22.1
$42,000
(99.7%)
Charter Communications
(41%)
(29.7%)
1.81
$800
(99.6%)
Sirius XM Radio
(90%)
(21.9%)
-
-
(99.6%)
Neurogen
(25%)
(14.2%)
35.5
$22,000
(99.6%)
BroadVision
(73%)
(23.9%)
9.9
$800
(99.6%)
Conexant Systems
(14%)
(21.8%)
1.8
$800
(99.6%)
10 Worst Average
(39%)
(37.3%)
22.1 (Median)
Continued... |