Sunday, December 27, 2009

Ten Best- and Worst-Performing Stocks of 2009

XL Capital Ltd. (XL) (financials), up 389%.

The commercial and property insurer returned to the black in its third quarter, coming back from huge losses a year ago from its dealings with bond insurer Syncora Holdings Ltd. (SYCRF)

Tenet Healthcare Corp. (THC) , (healthcare), up 322%. The hospital operator has made a much-heralded recovery, posting two strong quarters of growth, after getting crushed in last year's credit crisis.

Ford Motor Co. (F) , (consumer discretionary), 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.

Genworth Financial Inc. (GNW) (financials), up 297%. Shares of the insurer, which reported a profitable third quarter, have risen sharply from the start of the year, when its stock traded at under $3.

Wyndham Worldwide Corp. (WYN) (consumer discretionary), up 220%. Coming back from a pounding that begin in mid-2007 and persisted through early this year, the hotel chain managed to parlay a relatively stable vacation rental and exchange business into a better-than-expected profit in the third quarter.

Freeport-McMoRan Copper & Gold Inc. (FCX) (materials), up 213%. The mining company has benefited from a rally in commodities that had gold futures topping $1,200 an ounce.

Expedia Inc. (EXPE) (consumer discretionary), up 210%. The online travel site is viewed as well-positioned to continue to swipe market share from traditional competitors.

Priceline.com Inc. (PCLN) (consumer discretionary), up 196%. Written off by many after the Internet bubble burst, the online travel auction site has survived and thrived, reporting upside earnings surprises for four consecutive quarters.

CB Richard Ellis Group (CBG) (financials), up 195%. The commercial real-estate advisory group recently won a contract to sell 17 office buildings owned by the state of California.

Whole Foods Market Inc. (WFMI) (consumer staples), up 194%. The country's largest organic grocer has narrowed its declines in same-store sales the last three quarters, with the company among the year's best potential turnaround stories.

The worst

Marshall & Ilsley Corp. (MI) (financials) off 60%. The bank is viewed as among those likely to need to issue more stock to raise capital, with its shares among regional banks recently rated at sell by UBS analysts.

MetroPCS Communications Inc. (PCS) (telecommunication services), off 52%. The discount wireless carrier faces intense price competition and an iffy regulatory framework.

Citigroup Inc. (C) (financials), down 52%. The banking giant's surprisingly low pricing of a stock offer in mid-December illustrated just how wary investors were about Citi's ability to return to fiscal health.

Huntington Bancshares Inc. (HBAN) (financials), down 51%. Huntington is one of a handful of regional banks to get battered as worries mounted that loan losses at the banks would not peak for another year or two.

Zions Bancorp (ZION) (financials), off 48%. The Salt Lake City-based bank has been hit by troubled loans and worries about its securities investments and accounting practices.

Sunoco Inc. (SUN) (energy), down 41%. The petroleum refiner's rating outlook was recently downgraded from stable to negative by Fitch Ratings Inc., which cited the company's weak profit margins.

Eastman Kodak Co. (EK) (consumer discretionary), 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.

KeyCorp (KEY) (financials) off 34%. The bank in October reported losses expanded in the third quarter to $438 million as it set aside reserves for possible loan losses.

Regions Financial Corp. (RF) (financials), down 32%. Among the large U.S. banks that have not yet repaid government bailout funds, the bank's CEO has said he'd consider selling assets to boost capital levels and repay $3.5 billion in Troubled Asset Relief Program, or TARP, funds.

Kimco Realty Corp. (KIM) (financials), off 32%. The biggest U.S. owner of community shopping centers in early December said it would sell 25 million shares of common stock to pay off debt, diluting the value of its stock.

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