471 Stocks In The S&P 500 Down In 2008…The Only Winners Were The Takeovers

Soy Un Perdedor

Stock Certificate: Soy Un Perdedor

Over at Bespoke Investment Group‘s site, they’ve got the top 15 performers on the S&P 500 and the bottom 15 for 2008.  Interestingly, out of the worst 15, 5 of them don’t exist anymore (Lehman, WaMu, Nat City, Bear and Circuit City).

More interestingly, and a great sign of the times for 2008, was that 5 of the top 15 performers were acquired during the course of the year, essentially putting them out of our misery before they had a chance to do more damage to investors.

Wrigley, Bud, Safeco, EDS and Barr were taken out during the course of the year and as a result, are 5 out of only 29 stocks in the S&P 500 that actually finished with a gain.  If only more companies in the index were acquired!

For the percentage gain and loss figures themselves, check out the Notorious B.I.G. site by clicking here: Bespoke Investment Group

Tags: , , ,

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web