Friday, January 18, 2013

The 22 Most Controversial Stocks In America




From BI: The past year has seen no shortage of controversial stocks. Hedge fund managers have culled their skill at taking positions, staging huge publicity campaigns, and generating a lot of discussion around the stocks they decide to bet on with high conviction – or bet against.  As a result, quarterly earnings reports from these companies are usually widely anticipated:

Best Buy (BBY)  - Sector: Electronics Retail;  52 Week Stock Performance: -41.2 percent; What's Going On: Best Buy has had a rough go of it lately, and its same-store sales numbers reflect that. However, there may be hope for a turnaround….

Groupon (GRPN) - Sector: Internet; 52 Week Stock Performance: -72.7 percent; What's Going On: Groupon's stock was under pressure early in 2012 after its accounting firm said it had weak internal controls….

Zynga (ZNGA) - Sector: Internet; 52 Week Stock Performance: -70.9 percent;  What's Going On: After topping out around $15 per share in March 2012 following an IPO in December 2011, Zynga shares have gone straight down to their current levels, around $2.50 per share.,,,,

Wait...wait...there's more at http://www.businessinsider.com/americas-most-controversial-stocks-2013-1

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