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

10 Worst-Performing S&P 500 Stocks of 2010

7. Office supply retailer Office Depot (ODP), whose shares have lost 33% this year, has struggled to compete with larger rival Staples (SPLS) as corporate clients cut costs. After suffering losses in eight of the past nine quarters, Office Depot swung to a third-quarter profit of $64 million, or 18 cents a share, from a loss of $398 million, or $1.51, a year earlier. However, excluding one-time gains, earning were 3 cents a share. Revenue declined 4.3%. Office Depot has $678 million of cash and $731 million of debt.

Outlook: Although Office Depot has stabilized, analysts are pessimistic about the stock's near-term performance. Of those evaluating the company, three rate its stock "buy", 13 rate it "hold" and three rate it "sell." A median target of $5.75 suggests the stock could rise 32% during the next 12 months. Sanford Bernstein is bullish, predicting that the stock will nearly double. Barclays (BCS) and Goldman Sachs expects the shares to hit $5. Another reason for investors to pause: Office Depot stock is trading at 63 times its 12-month earnings projections, making it expensive.
4 of 10

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
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs