Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Today’s 3 Worst Stocks

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Bouncing back from midday lows, the S&P 500 Index (SNPINDEX: ^GSPC  ) overcame early deficits, ending the day 13 points, or 0.9% higher, closing at 1,622. The big news tomorrow will be the Labor Department's monthly employment report, which takes a gauge of private and public sector payrolls. Investors in today's three biggest laggards, however, couldn't retain any sense of optimism, and all three ended Thursday in the dregs of the S&P.

J.M. Smucker (NYSE: SJM  ) was the most pronounced decliner of the day, losing 3.9% on the heels of a disappointing earnings forecast. Strangely enough, Smucker's quarter wasn't all that bad, and the company handily beat profit expectations. The red flag for investors, though, was the fact that sales declined for the first time in years; on top of that, earnings forecasts for the current fiscal year were on the low end of expectations.

Semiconductor chip designer Altera (UNKNOWN: ALTR.DL  ) slipped 3.2% Thursday, despite a lack of major company-related news on the day. This week, however, saw a material change in the prospects for Altera's stock: On Monday, the company announced a whopping 50% boost in its quarterly dividend, raising it from $0.10, to $0.15. With an annual dish-out of $0.60 per share, Altera's annual payout sits at 1.9%. 

Communication equipment and mail logistics company Pitney Bowes (NYSE: PBI  ) rounds out today's list, having shed 2.9%. Shares enjoyed a brief boost earlier this week, and even made it on the day's 3 Best Stocks list, when the company appointed Roger Pilc as its Chief Innovation Officer on Tuesday. Pilc has direct experience directing market share growth at CA Technologies, an enterprise management software provider. Despite the fresh look, it appears the excitement has already worn off as investors, once again, face the bleak future in direct mail-related services.

If you're an investor who prefers returns to rhetoric, you'll want to read The Motley Fool's new free report, "5 Dividend Myths ... Busted!" In it, you'll learn which stocks provide premium growth, and whether bigger dividends are better. Click here to keep reading.

Read/Post Comments (0) | Recommend This Article (3)

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.

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: 2476767, ~/Articles/ArticleHandler.aspx, 9/26/2016 3:23:04 PM

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 Moments ago Sponsored by:
DOW 18,118.52 -142.93 -0.78%
S&P 500 2,148.13 -16.56 -0.77%
NASD 5,264.73 -41.01 -0.77%

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

9/26/2016 3:13 PM
^GSPC $2148.18 Down -16.51 -0.76%
S&P 500 INDEX CAPS Rating: No stars
ALTR.DL $0.00 Down +0.00 +0.00%
Altera CAPS Rating: *****
PBI $17.62 Down -0.15 -0.84%
Pitney Bowes CAPS Rating: **
SJM $137.55 Up +0.37 +0.27%
J.M. Smucker CAPS Rating: *****