20 Risky Retailers

Updated:
04.21.11
Views:
User Rating:
0.00/0
TheStreet Rating:
C-
RATE NOW
Log in to rate this portfolio
Follow
Log in to follow

Description:

According to Jeanine Poggi, "Bankruptcies in the retail sector are still a very disconcerting prospect. ... Given this, TheStreet is taking a look at some of the riskiest retailers in the sector based upon the Altman Z-Score, a formula developed by New York University professor Edward Altman in 1968. The Altman Z-Score measures several aspects of a company's financial health to forecast the probability of it going bankrupt within two years. Since its inception, the formula has been 72% accurate in predicting corporate bankruptcies two years prior from the filing. ... The list looks at those companies with a Z-Score below 3 for the full fiscal year." Read more here.

>>Also: Cramer's Top Retail Stocks

>>Also: 4 Small-Cap Stocks Made for This Economy

Add Comment

Portfolio not tracked.

Add Comment

Most Viewed Portfolios

View All

Articles

5 Stocks With Big Insider Buying

05.22.13 | 12:50 PM

MADISON, Wis. (Stockpickr) -- Corporate insiders sell their own companies' stock for a number of reasons. They might need the cash for a big pers...

Warren Buffett's 5 Favorite Stocks for 2013

05.22.13 | 10:52 AM

BALTIMORE (Stockpickr) -- 2013 is turning out to be a pretty good year for Warren Buffett. Year-to-date, the octogenarian billionaire has seen his ...