By now we're all familiar with the sometimes disastrous returns an investor can see if they follow the advice of columns that suggest stocks to buy for the next decade. With that in mind, an MSN article we read today may provide the key to success. In the article, the author suggests seven companies that aren't likely to be around in 2020. If the stocks that everybody loves at the beginning of a decade tend to do poorly over the course of the decade, are the stocks that everybody hates potential winners?
Below we highlight the seven names cited in the article. As shown, most of these companies have been poor performers and are in industries that are on the decline. Of the seven names, only six are publicly traded. Will Magellan be the hot IPO of the decade?
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There may be some truth under the assertion mentioned in the article. For instance, Borders has been struggling with insolvency problems for the past year. Thus, it is better to get out of some positions early before incurring losses in your portfolios.
Posted by: Financial Asset Management by Michael Weiss | December 09, 2009 at 02:51 PM
Hello
The idea it is quite interestingly, but I don't know...I would not want to have EK in my portfolio any time soon, neither anything from the newspaper industry. Of course,this might change if something out of the ordinary happens
Posted by: Semar | December 11, 2009 at 02:45 PM