'Dead' Stocks Find New Life
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Some stocks that investors had given up for dead are finding new life in the current market rally.
Consider Research in Motion, which hit an 11-month high Friday. Shares are up 153 percent from their 52-week low of $6.22 back on Sept. 24.
In the past two weeks alone, RIMM is up 32 percent, making it the best 2-week period since November 23, when it rose 36 percent.
Similarly, Bank of America and Morgan Stanley are up 65 percent and 80 percent from their lows last year.
Other previously struggling names such as JDSU, Micron Technology and Sprint also posted gains greater than 50 percent.
Here's a look at some of the stocks making a strong comeback.
| Ticker | Name | Sector | Since its Low in 2012 |
|---|---|---|---|
| GNW | Genworth Financial | Financial | 124% |
| F | Ford Motor | Consumer | 59% |
| DELL | DELL | Technology | 49% |
| HPQ | Hewlett-Packard | Technology | 46% |
| LUV | Southwest Airlines | Services | 45% |
| ETFC | E*Trade Financial | Financial | 42% |
| BSX | Boston Scientific | Healthcare | 39% |
| BBY | Best Buy | Services | 28% |
| AMAT | Applied Materials | Technology | 26% |
Some stocks that investors had given up for dead are finding new life in the current market rally.
