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, Wall 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. Out of the entire S&P 500, which stocks are analysts expecting to have the biggest price drops? Here's the top 20, according to ThomsonReuters (as of market close on 12/11/09, stocks included must be covered by 3 or more analysts).
Click ahead to find out!
By Ariel Nelson & Paul Toscano
Posted 11 Dec 2009
20. Office Depot (ODP)
Closing Price (12/11): $6.75
Price Target: $6.19
Potential to Drop: -8.3%
Analysts Covering: 13
High Price Target: $10.00
Low Price Target: $3.00
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19. Black and Decker (BDK)
Closing Price (12/11): $62.21
Price Target: $56.43
Potential to Drop: -9.3%
Analysts Covering: 9
High Price Target: $62.00
Low Price Target: $38.00
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18. Paychex Inc (PAYX)
Closing Price (12/11): $31.84
Price Target: $28.75
Potential to Drop: -9.7%
Analysts Covering: 13
High Price Target: $35.00
Low Price Target: $24.00
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16. (Tied) Nicor Inc (GAS)
Closing Price (12/11): $42.48
Price Target: $38.33
Potential to Drop: -9.8%
Analysts Covering: 3
High Price Target: $42.00
Low Price Target: $35.00
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16. (Tied) HCP Inc (HCP)
Closing Price (12/11): $31.47
Price Target: $28.39
Potential to Drop: -9.8%
Analysts Covering: 10
High Price Target: $32.00
Low Price Target: $24.00
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15. Titanium Metals Corp (TIE)
Closing Price (12/11): $10.57
Price Target: $9.50
Potential to Drop: -10.1%
Analysts Covering: 3
High Price Target: $12.00
Low Price Target: $7.00
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14. Total System Services (TSS)
Closing Price (12/11): $17.30
Price Target: $15.43
Potential to Drop: -10.8%
Analysts Covering: 9
High Price Target: $18.00
Low Price Target: $13.00
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13. Pepco Holdings (POM)
Closing Price (12/11): $17.40
Price Target: $15.50
Potential to Drop: -10.8%
Analysts Covering: 5
High Price Target: $18.00
Low Price Target: $13.00
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11. (Tied) Prologis (PLD)
Closing Price (12/11): $13.90
Price Target: $12.33
Potential to Drop: -11.3%
Analysts Covering: 11
High Price Target: $15.00
Low Price Target: $9.00
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11. (Tied) Advanced Micro Devices (AMD)
Closing Price (12/11): $8.64
Price Target: $7.66
Potential to Drop: -11.3%
Analysts Covering: 19
High Price Target: $12.00
Low Price Target: $3.50
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10. Intuitive Surgical Inc. (ISRG)
Closing Price (12/11): $292.29
Price Target: $257.67
Potential to Drop: -11.8%
Analysts Covering: 7
High Price Target: $300.00
Low Price Target: $170.00
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9. DTE Energy Co (DTE)
Closing Price (12/11): $43.42
Price Target: $38.50
Potential to Drop: -12.5%
Analysts Covering: 6
High Price Target: $43.00
Low Price Target: $30.00
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8. NiSource (NI)
Closing Price (12/11): $15.42
Price Target: $13.50
Potential to Drop: -12.5%
Analysts Covering: 6
High Price Target: $15.00
Low Price Target: $11.00
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7. Rockwell Automation (ROK)
Closing Price (12/11): $47.56
Price Target: $41.45
Potential to Drop: -12.8%
Analysts Covering: 11
High Price Target: $58.00
Low Price Target: $29.00
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6. AvalonBay Communities (AVB)
Closing Price (12/11): $76.74
Price Target: $65.07
Potential to Drop: -15.2%
Analysts Covering: 16
High Price Target: $80.00
Low Price Target: $52.00
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5. Apartment Investment & Mgmt (AIV)
Closing Price (12/11): $14.85
Price Target: $12.27
Potential to Drop: -17.4%
Analysts Covering: 13
High Price Target: $17.00
Low Price Target: $10.00
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4. Integrys Energy Group (TEG)
Closing Price (12/11): $42.45
Price Target: $34.83
Potential to Drop: -18.0%
Analysts Covering: 3
High Price Target: $36.00
Low Price Target: $33.50
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3. Ameren Corp (AEE)
Closing Price (12/11): $27.82
Price Target: $22.00
Potential to Drop: -20.9%
Analysts Covering: 3
High Price Target: $23.00
Low Price Target: $20.00
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2. Eastman Kodak Co. (EK)
Closing Price (12/11): $4.40
Price Target: $2.81
Potential to Pop: -36.1%
Analysts Covering: 4
High Price Target: $3.00
Low Price Target: $2.25
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1. Sears Holdings Corp. (SHLD)
Closing Price (12/11): $74.32
Price Target: $46.40
Potential to Drop: -37.6%
Analysts Covering: 5
High Price Target: $60.00
Low Price Target: $40.00
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