Bum Jobs Number Boo...
posted by John Lay on 1 months ago
BTW, officially, the 21st Century didn't start until 1/1/2001, thus barely missing the dot
bomb crash.
posted by Brimstone on 1 months ago
The worst stocks of the 21st century ?
Well, the century is only 7 years old, so the title is a little misleading - and for a
number of other reasons as well: 1) 2000 was one of the worst years in the stock market as
the "century" started us off with the dot bomb crash. 2) 2001 followed up with the WTC
terrorist attack on 9/11 which resulted in the Dow losing about 4,000 points (trading was
halted for a week to prevent further losses) and if it wasn't for the government pumping
tons of money back into the Dow to help bring it back up and restore confidence, who knows
where we'd be.
So as far as the stocks listed, you may want to check out the following growth numbers for
2006 before you write off these stocks for the 21st century:
2006 Price Growth:
GM +58%
T +46%
HPQ +44%
DIS + 43%
MRK +37%
MCD +31%
VZ +23%
JPM +21%
HON + 21%
KO +20%
IBM +18%
DD +14%
MSFT +14%
PFE +11%
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