20 Stocks with the Potential to Drop
It's the basic question when investing in a stock: is it on the way up or will it go down? To answer this question, the street has developed numerous ways of attempting to predict what will happen, estimating various attributes tied to stock performance in order to determine what the future holds for a company's valuation.
After dissecting the data, analysts following a particular stock produce a price target of where they believe the stock is headed. From the entire S&P 500, which stocks are analysts expecting to have the biggest drops? With data from ThomsonReuters, we took a look at which stocks have mean consensus estimates farthest below their stock prices (as of market close on 11/30/10).
So, which stocks do analysts on average predict will have the biggest drop? Click ahead to find out!
By Ariel Nelson & Paul Toscano Posted 30 Nov 2010
20. Apartment Invest. & Mgmt (AIV)
Potential to Drop: 4.88%
Mean Price Target: $22.94
Closing Price (11/30): $24.12
Number of Analysts: 15
High Estimate: $28
Low Estimate: $16
Get AIV Real-Time Quote
19. Broadcom (BRCM)
Potential to Drop: 5.07%
Mean Price Target: $42.23
Closing Price (11/30): $44.49
Number of Analysts: 32
High Estimate: $55
Low Estimate: $29
Get BRCM Real-Time Quote
18. Texas Instruments (TXN)
Potential to Drop: 5.21%
Mean Price Target: $30.14
Closing Price (11/30): $31.80
Number of Analysts: 28
High Estimate: $36
Low Estimate: $22
Get TXN Real-Time Quote
17. Red Hat (RHT)
Potential to Drop: 5.33%
Mean Price Target: $41.18
Closing Price (11/30): $43.50
Number of Analysts: 22
High Estimate: $50
Low Estimate: $24
Get RHT Real-Time Quote
16. Altera Corp (ALTR)
Potential to Drop: 6.15%
Mean Price Target: $32.93
Closing Price (11/30): $35.09
Number of Analysts: 21
High Estimate: $49
Low Estimate: $22
Get ALTR Real-Time Quote
15. Salesforce.com (CRM)
Potential to Drop: 6.16%
Mean Price Target: $131.55
Closing Price (11/30): $140.19
Number of Analysts: 31
High Estimate: $155
Low Estimate: $70
Get CRM Real-Time Quote
14. Cincinnati Financial (CINF)
Potential to Drop: 6.29%
Mean Price Target: $28.25
Closing Price (11/30): $30.15
Number of Analysts: 4
High Estimate: $32
Low Estimate: $23
Get CINF Real-Time Quote
13. Massey Energy (MEE)
Potential to Drop: 6.46%
Mean Price Target: $45.94
Closing Price (11/30): $49.11
Number of Analysts: 16
High Estimate: $60
Low Estimate: $31
Get MEE Real-Time Quote
12. Brown Forman (BFB)
Potential to Drop: 6.59%
Mean Price Target: $61.10
Closing Price (11/30): $65.41
Number of Analysts: 10
High Estimate: $67
Low Estimate: $52
Get BFB Real-Time Quote
11. Citrix Systems (CTXS)
Potential to Drop: 6.99%
Mean Price Target: $61.79
Closing Price (11/30): $66.43
Number of Analysts: 26
High Estimate: $82
Low Estimate: $40
Get CTXS Real-Time Quote
10. Autozone (AZO)
Potential to Drop: 7.73%
Mean Price Target: $239.37
Closing Price (11/30): $259.41
Number of Analysts: 19
High Estimate: $330
Low Estimate: $195
Get AZO Real-Time Quote
9. CarMax (KMX)
Potential to Drop: 8.81%
Mean Price Target: $30
Closing Price (11/30): $32.90
Number of Analysts: 12
High Estimate: $35
Low Estimate: $25
Get KMX Real-Time Quote
8. Autonation (AN)
Potential to Drop: 9.09%
Mean Price Target: $23.80
Closing Price (11/30): $26.18
Number of Analysts: 10
High Estimate: $29
Low Estimate: $18
Get AN Real-Time Quote
7. Ameren Corp (AEE)
Potential to Drop: 9.82%
Mean Price Target: $25.90
Closing Price (11/30): $28.72
Number of Analysts: 5
High Estimate: $28
Low Estimate: $22
Get AEE Real-Time Quote
6. Safeway (SWY)
Potential to Drop: 9.90%
Mean Price Target: $20.71
Closing Price (11/30): $22.99
Number of Analysts: 14
High Estimate: $28
Low Estimate: $16
Get SWY Real-Time Quote
5. Sears Holdings (SHLD)
Potential to Drop: 11.76%
Mean Price Target: $57.80
Closing Price (11/30): $65.50
Number of Analysts: 5
High Estimate: $70
Low Estimate: $50
Get SHLD Real-Time Quote
4. King Pharmaceuticals (KG)
Potential to Drop: 12.67%
Mean Price Target: $12.36
Closing Price (11/30): $14.15
Number of Analysts: 12
High Estimate: $15
Low Estimate: $9.50
Get KG Real-Time Quote
3. Monster Worldwide (MWW)
Potential to Drop: 14.01%
Mean Price Target: $19.42
Closing Price (11/30): $22.58
Number of Analysts: 12
High Estimate: $24
Low Estimate: $9
Get MWW Real-Time Quote
2. Eastman Kodak (EK)
Potential to Drop: 23.57%
Mean Price Target: $3.60
Closing Price (11/30): $4.71
Number of Analysts: 3
High Estimate: $4
Low Estimate: $3
Get EK Real-Time Quote
1. American Int’l Group (AIG)
Potential to Drop: 25.76%
Mean Price Target: $30.67
Closing Price (11/30): $41.31
Number of Analysts: 3
High Estimate: $46
Low Estimate: $17.50
Get AIG Real-Time Quote