This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

A Scorecard for the Financials in 2009

NEW YORK ( TheStreet) -- As the end of a tumultuous year for financial stocks approaches, it's a time to look ahead to 2010, but also worth gazing back to see how far we have come.

Here's a brief look at some of the biggest financial firms, where they were at this point in 2008, and how much money you would have earned or lost, had you bought $10,000 worth of their stock a year ago.


1. Fannie Mae (FNM) and Freddie Mac (FRE): A year ago, government arms Fannie and Freddie had only begun their work to help stabilize the housing market.

Already under the auspices of conservatorship, the two mortgage giants were unveiling plans to assist delinquent borrowers. Since then, it's been a long road that eventually involved the country's biggest banks halting foreclosures and implementing plans to keep people in their homes. It has also resulted in additional losses and the tapping of credit lines from the federal government.

The future of Fannie and Freddie appears as unclear now as it did a year ago and their charitable work hasn't made their balance sheets any more viable. But quizzically, speculative traders would have made a pretty penny had they bought Fannie or Freddie shares a year ago, when they were both well within penny stock territory.

A $10,000 investment in Fannie common would have earned $7,833, or 78.3%, while the same investment in Freddie would have earned $11,030, or 118%.
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BAC $11.16 0.00%
C $34.98 0.00%
GS $140.69 0.00%
JPM $53.07 0.00%
WFC $45.16 0.00%


Chart of I:DJI
DOW 15,660.18 -254.56 -1.60%
S&P 500 1,829.08 -22.78 -1.23%
NASDAQ 4,266.8370 -16.7550 -0.39%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs