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10 Worst-Performing S&P 500 Stocks of 2010

9. Shares of Micron Technology (MU), which makes chips used in memory devices, have dropped 31% this year amid a decline in computer spending. Still, the company swung to a fiscal fourth-quarter profit of $342 million, or 32 cents a share, from a year-earlier loss as revenue surged 91%. Micron also has $370 million of net cash.

Outlook: Analysts are bullish on Micron despite its 31% stock-price drop in 2010. Of those following the company, 14, or 58%, rate its stock "buy," nine rate it "hold" and one rates it "sell." A median price target of $10.99 suggests the stock could rise 64% during the next year. While Raymond James (RJF) expects the stock to more than double to $18, Goldman Sachs (GS) predicts it will fall 18% to $6. Its shares are trading for 6.2 times its projected 12-month earnings, a 55% discount to peers.

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