This Day On The Street
Continue to site
ADVERTISEMENT
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

8 Stocks Slump to 52-Week Lows

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Nokia

Shares of Nokia hit a 52-week low on Thursday of $2.63. The stock's 52-week high of $7.38 was set on Oct. 27.

"We continue to believe 2012 will be a crucial year as Nokia continues to manage its transition to Windows Phone," Wedbush analysts wrote in a May 29 report. "While we are lowering our estimates as we see modest demand for Nokia's current smartphone lineup and encroachment by low-cost competitors in emerging markets, we believe upcoming Windows 8 devices will be a critical determining factor of Nokia's success in its turnaround. Until then, we maintain our neutral stance."

Nokia's forward P/E is 14.88; the average for telecommunications equipment companies is 11.07.

Nineteen of the 29 analysts who cover Nokia rated it hold. Seven analysts gave the stock a sell rating and three rated it buy.

The stock has fallen 44.19% year to date.






First Solar

Shares of First Solar hit a 52-week low of $12.19 on Thursday. The stock's 52-week high of $142.22 was set on June 30.

First Solar's forward P/E is 3.01; the average for renewable energy equipment companies is 7.78. For comparison, SunPower (SPWR) has a higher forward P/E of 18.84.

Twenty-seven of the 39 analysts who cover First Solar rated it hold. Six analysts gave the stock a buy rating and another six rated it sell.

The stock has lost 62.59% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

4 of 5

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
PCS $11.84 0.00%
FSLR $62.25 0.00%
MCP $0.83 0.00%
NTRI $19.67 0.00%
NOK $7.61 0.00%

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs