Updated First Solar's business description and the language describing the CEO's departure.NEW YORK ( TheStreet) -- You can usually find attractive stocks in the laggards of a given year. That's not the case in 2011.
Details on the worst stocks of the S&P 500 are below. You'll want to stay away from most of them in 2012. 5. Alpha Natural Resources Company Profile: Alpha Natural Resources is an Appalachian coal supplier. 2011 Stock Performance: minus 59% What Went Wrong: The acquisition of Massey Energy after its tragic mine accident in 2010 is taking longer than expected to integrate and costing more, causing investors to question the acquisition. Concerns over an economic slowdown in the U.S. and Europe also weigh on the stock. Is It Worth Owning in 2012? Many analysts argue that the stock has been unfairly beaten down. As Massey Energy is consolidated, its profits will improve and the realization of savings ($150 million in 2012) will provide support for the stock. Plus, U.S. coal contract prices are up from last year, which will help profitability. I recommend buying this stock in 2012.