26 Stocks That Have Gone to the Slaughter House
I am not talking about stocks that have just “sold off lightly” or are “experiencing a pull back”. No, I am talking about stocks that have gotten hammered in the last month and are down atleast 40% from their 50 day moving averages. The correct phrase would be, “look out below!”
All of the following companies have a market capitalization of atleast $500 million, trade atleast 500,000 shares a day, are priced atleast $10 a share, and are currently trading atleast 40% below their 50 day moving averages. Perhaps you will recognize some of the names…
(Note: stocks are in alphabetical order by ticker symbol)
- Allied Capital (ALD)
- B E Aerospace (BEAV)
- Chiquita Brands (CQB)
- Dillards (DDS)
- Fifth Third Bancorp (FITB)
- Fannie Mae (FNM)
- Federal Home Lending Mortgage Corp (FRE)
- General Motors (GM)
- Huntsman Corp (HUN)
- Keycorp (KEY)
- Lear Corporation (LEA)
- Lehman Brothers (LEH)
- Lennar Corp (LEN)
- Las Vegas Sands (LVS)
- Mercadolibre (MELI)
- Marshall & IIsley (MI)
- Nvidia Corp (NVDA)
- Oshkosh (OSK)
- Pacific Capital (PCBC)
- Pilgrims Pride (PPC)
- Redwood Trust (RWT)
- Smithfield Foods (SFD)
- Renesola (SOL)
- Tenneco (TEN)
- Wachovia Corp (WB)
- X L Capital (XL)
Other Recent Stock Lists:
- 4 Big Reasons Why Coal Stocks Have Climaxed
- 12 Fundamentally Sound Stocks Fit For a Bear Market
- 9 Great Gold and Silver Stocks To Watch
- NASDAQ 100’s Top 7 Stocks Holding it Together
- Coal Stock Trend Returns Over 100% Since April
Related Investment Articles:
- 60 Stock Tips For Investment Success
- 37 Tips, Facts, and Rules For Trading Stocks in a Bear Market
- How to Sell a Stock You Love
- Making the Most of Market Crashes
- Analyzing the Overall Market For Dummies
Tough times for these guys.