BOSTON ( TheStreet) -- With global stock markets teetering on the brink of a bear market, investors have given up hope of making money this year.The MSCI All-Country World Index, which measures the performance of emerging and developed equity markets, has fallen 20% from its high this year. G7 countries Italy, Germany and France have seen their stock markets drop more than 25% this year, dragged down by Greece's virtual bankruptcy. And there's no hiding as fast-growth countries such as India and Brazil have declined almost as much.
|Apple's best late-year performance was 79% in 2004.|
10. NetApp ( NTAP) Company Profile: NetApp is a supplier of enterprise-storage and data-management software, and hardware products and services. The stock is down 35% this year. Average Return Since 2001: 19.8% Best Late-Year Performance: +48.1% in 2004 Worst Late-Year Performance: -42.6% in 2008 Analysts Ratings: Twenty-four analysts, or 60% of those following NetApp, rate the stock a "buy," including those at firms like Merriman Capital and Piper Jaffray. The other 16 saying investors should hold onto shares. The average price target of $49.72, according to data collected by Bloomberg, suggests upside potential of 39% from current levels.
8. Nasdaq OMX Group ( NDAQ) Company Profile: Nasdaq OMX Group is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across six continents. The company owns and operates the Nasdaq stock market. Shares of Nasdaq OMX Group are down 6% this year. Average Return Since 2002: 20.5% Best Late-Year Performance: +68% in 2004 Worst Late-Year Performance: -20.9% in 2008 Analysts Ratings: Thirteen research shops, including Deutsche Bank and Sandler O'Neill, have "buy" ratings on Nasdaq OMX Group. The other eight researchers following the company say investors should hold shares. The average price target of $28.37 represents upside potential of 27%.
6. F5 Networks ( FFIV) Company Profile: F5 Networks develops technology that optimizes the delivery of network-based applications and the security, performance and availability of servers, data storage devices and other network resources. Shares have been crushed this year, falling 42% through last Friday's close. Average Return Since 2001: 23.4% Best Late-Year Performance: +76.2% in 2004 Worst Late-Year Performance: -29% in both 2007 and 2008 Analysts Ratings: Although the stock has fallen hard this year, analysts are still optimistic when it comes to F5 Networks. Twenty research firms, including Stifel Nicolaus and Deutsche Bank, have "buy" ratings on the stock. The other 14 researchers following F5 Networks rate the stock a "hold." The average price target of $112.36 calls for the stock to rebound 50% from current levels.
4. Nvidia ( NVDA) Company Profile: Nvidia is a developer of visual-computing technologies and the graphics processing unit, or the GPU. The stock is down about 10% this year. Average Return Since 2001: 26.2% Best Late-Year Performance: +76.6% in 2001 Worst Late-Year Performance: -20.8% in 2008 Analysts Ratings: Although Nvidia shares tend to perform well after Sept. 12, not all analysts are clamoring to recommend the stock as a "buy." Twenty-three research firms following Nvidia say investors should hold onto shares, while only 12 say investors should be buying. Wells Fargo, JPMorgan and Jefferies are among the firms recommending that investors sit tight. Another two research shops have "sell" ratings on the stock. The average price target of $18.07 implies potential upside of 29%.
2. Red Hat ( RHT) Company Profile: Red Hat provides open-source software services, such as Red Hat Linux, to companies. Red Hat shares have slid 18% this year. Average Return Since 2001: 35.9% Best Late-Year Performance: +127.6% in 2001 Worst Late-Year Performance: -28.2% in 2008 Analysts Ratings: Eighteen researchers, or 72% of those covering the stock, rate Red Hat a "buy," including analysts at Wells Fargo, Citigroup, and Stifel Nicolaus. Another five analysts have a "hold" rating on the stock, while two researchers have a "sell" rating on shares. The average price target of $48.06 is about 28% above current levels.