Today's 3 Worst Stocks

It's hard to have a day of trading as sideways as we saw today. The S&P 500 Index (SNPINDEX: ^GSPC  ) added 0.01 points, a gain of literally 0.00%. This absurd equilibrium makes today's three S&P laggards even more notable for their unabashed poor performance.

Edwards Lifesciences (NYSE: EW  ) dropped 22% Wednesday on the heels of an earnings report one might term "epically awful." The company's Sapien heart valve has sold very well in the first quarter of the year, with sales up more than 40% over just a year ago. However, a business' greatest strength can also be its greatest weakness, and when Edwards scaled back expectations for how Sapien would sell throughout the full year, investors fled en masse. 

Juniper Networks (NYSE: JNPR  ) wasn't quite able to match the lopsided sell-off in Edwards Lifesciences, but shares sure did their darndest, slumping 9.6%. As with Edwards, it wasn't so much Juniper's results that plagued its stock -- it was discouraging guidance. The company sees earnings between $0.22 and $0.26 per share this quarter, comfortably below the $0.27 per share Wall Street was looking for. 

In fact, all three of today's major laggards could use a better guidance counselor: Motorola Solutions (NYSE: MSI  ) closed the day with a 9.2% loss after its forecasts were (take a guess!) fairly underwhelming. But Motorola Solutions didn't stop there. The company also disappointed on earnings per share as well as revenue growth. CEO Greg Brown may have also confused some when he referred to the first quarter's year-over-year sales growth -- less than 1% -- as "modest." Using the phrase "essentially nonexistent" may have been a bit closer to the truth. 

The amount of data we store every year is growing by a mind-boggling 60% annually! To make sense of this trend and pick out a winner, The Motley Fool has compiled a new report called "The Only Stock You Need to Profit From the NEW Technology Revolution." The report highlights a company that has gained 300% since first recommended by Fool analysts but still has plenty of room left to run. To get instant access to the name of this company transforming the IT industry, click here -- it's free.


Read/Post Comments (0) | Recommend This Article (4)

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.

Be the first one to comment on this article.

DocumentId: 2385365, ~/Articles/ArticleHandler.aspx, 4/23/2014 8:26:09 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...


Advertisement