Today's 3 Worst Stocks

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Less than 5% from its all-time high, the S&P 500 Index (SNPINDEX: ^GSPC  ) rose 2.25 points, or 0.15% today, to close at 1,494. Before January has even ended, the benchmark index is up nearly 5% for the year already. Despite the run-up, many stocks have enjoyed thus far, not every company is thriving, and today's three big S&P losers exemplify that fact rather well.

While luxury retail has had a nice run in the past few years, Coach's (NYSE: COH  ) performance today shows that investors are worrying about the future growth in that market. Not only did quarterly results fall below expectations, but the numbers revealed a far graver trend at work: comparable store sales fell, and the U.S. market began to look more saturated than previously thought. This is a double whammy for Coach, which will need to grow sales in its current stores before building a bunch of unproven new ones. 

The second big loser of the day shows just how quickly sentiment can turn on Wall Street. Seagate Technology (NASDAQ: STX  ) and its 3.4% decline made headlines today, just a day after the stock was one of the market's best performers, rising 7.1%. The disk drive maker reports quarterly results Monday, and investors are gauging what those will look like. Competitor Western Digital announced its own earnings after hours today, giving a better idea about what to expect from Seagate next week.

Mining company Cliffs Natural Resources (NYSE: CLF  ) , which has twice been downgraded since December, fell 3.2% today to round out the list of laggards. While there wasn't any major news from Cliffs, the business' overreliance on just a handful of customers for the bulk of its business is disconcerting, and is one of a few different things to watch for when Cliffs reports its quarterly results on Feb. 11.

Read/Post Comments (1) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On January 24, 2013, at 9:26 AM, tjsimone wrote:

    Motley fool bashes CLF on a daily basis. They must have an agenda. I would not subscribe to any service that has an agenda. JMHO.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2212033, ~/Articles/ArticleHandler.aspx, 8/28/2016 1:26:24 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,395.40 -53.01 -0.29%
S&P 500 2,169.04 -3.43 -0.16%
NASD 5,218.92 6.71 0.13%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/26/2016 4:00 PM
CLF $5.77 Down -0.13 -2.20%
Cliffs Natural Res… CAPS Rating: ***
COH $38.91 Down -0.92 -2.31%
Coach CAPS Rating: ****
STX $33.33 Up +1.28 +3.99%
Seagate Technology CAPS Rating: ****
WDC $46.93 Up +0.49 +1.06%
Western Digital CAPS Rating: ***