20 Stocks with the Potential to Drop
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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 6/17/10).
So, which stocks do analysts on average predict will have the biggest drop? Click ahead to find out!
By Ariel Nelson & Paul Toscano Posted 17 June 2010
20. Stericycle
Potential to Drop: 3.2%
Closing Price (6/17): $65.08
Price Target: $63.00
Analysts Covering: 10
High Price Target: $73
Low Price Target: $50
Get SRCL Real-Time Quote
19. Millipore Corp (MIL)
Potential to Drop: 3.4%
Closing Price (6/17): $106.61
Price Target: $103
Analysts Covering: 7
High Price Target: $107
Low Price Target: $79
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18. Eastman Kodak (EK)
Potential to Drop: 4.0%
Closing Price (6/17): $5.21
Price Target: $5
Analysts Covering: 3
High Price Target: $5
Low Price Target: $5
Get EK Real-Time Quote
17. Integrys Energy Group (TEG)
Potential to Drop: 4.4%
Closing Price (6/17): $46.92
Price Target: $44.88
Analysts Covering: 4
High Price Target: $48
Low Price Target: $41.50
Get TEG Real-Time Quote
16. Airgas Inc (ARG)
Potential to Drop: 5.6%
Closing Price (6/17): $63.70
Price Target: $60.13
Analysts Covering: 8
High Price Target: $68
Low Price Target: $43
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15. AvalonBay Communities (AVB)
Potential to Drop: 5.7%
Closing Price (6/17): $105.36
Price Target: $99.40
Analysts Covering: 15
High Price Target: $114
Low Price Target: $83
Get AVB Real-Time Quote
13. (Tied)Â Sara Lee Corp (SLE)
Potential to Drop: 6.0%
Closing Price (6/17): $14.95
Price Target: $14.06
Analysts Covering: 9
High Price Target: $16.50
Low Price Target: $11
Get SLE Real-Time Quote
13. (Tied)Â Nicor (GAS)
Potential to Drop: 6.0%
Closing Price (6/17): $42.93
Price Target: $40.33
Analysts Covering: 3
High Price Target: $44
Low Price Target: $37
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12. The Hershey Co (HSY)
Potential to Drop: 6.2%
Closing Price (6/17): $50.44
Price Target: $47.32
Analysts Covering: 11
High Price Target: $55
Low Price Target: $41
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11. HCP Inc (HCP)
Potential to Drop: 6.8%
Closing Price (6/17): $34.35
Price Target: $32
Analysts Covering: 10
High Price Target: $36
Low Price Target: $30
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10. Ventas Inc (VTR)
Potential to Drop: 7.0%
Closing Price (6/17): $49.95
Price Target: $46.44
Analysts Covering: 9
High Price Target: $55
Low Price Target: $41
Get VTR Real-Time Quote
9. Sunoco Inc (SUN)
Potential to Drop: 7.8%
Closing Price (6/17): $34.24
Price Target: $31.58
Analysts Covering: 12
High Price Target: $39
Low Price Target: $25
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8. SanDisk Corp (SNDK)
Potential to Drop: 8.5%
Closing Price (6/17): $49.70
Price Target: $45.47
Analysts Covering: 17
High Price Target: $60
Low Price Target: $31
Get SNDK Real-Time Quote
7. Salesforce.com (CRM)
Potential to Drop: 9.1%
Closing Price (6/17): $97.10
Price Target: $88.29
Analysts Covering: 28
High Price Target: $110
Low Price Target: $58
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6. Sears Holdings (SHLD)
Potential to Drop: 9.7%
Closing Price (6/17): $77.71
Price Target: $70.20
Analysts Covering: 5
High Price Target: $92
Low Price Target: $56
Get SHLD Real-Time Quote
5. Apartment Investment & Mgmt (AIV)
Potential to Drop: 11.1%
Closing Price (6/17): $22.44
Price Target: $19.95
Analysts Covering: 14
High Price Target: $26.50
Low Price Target: $10
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4. Ameren Corp (AEE)
Potential to Drop: 12.6%
Closing Price (6/17): $26.56
Price Target: $22.33
Analysts Covering: 4
High Price Target: $24
Low Price Target: $20
Get AEE Real-Time Quote
3. Titanium Metals Corp (TIE)
Potential to Drop: 14.7%
Closing Price (6/17): $19.93
Price Target: $17.00
Analysts Covering: 4
High Price Target: $20
Low Price Target: $12
Get TIE Real-Time Quote
2. Akamai Technologies (AKAM)
Potential to Drop: 18.1%
Closing Price (6/17): $45.59
Price Target: $37.32
Analysts Covering: 19
High Price Target: $47
Low Price Target: $25
Get AKAM Real-Time Quote
1. American International Group (AIG)
Potential to Drop: 34.3%
Closing Price (6/17): $37.77
Price Target: $24.83
Analysts Covering: 3
High Price Target: $40
Low Price Target: $6
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