12.27.2010

The Worst-Performing Stocks of 2010



The Worst-Performing Stocks of 2010

Excerpt:

SuperValu (down 27 percent). Sales are down at this big grocery chain, which operates under names such as Shaw's, Acme, Albertson's, Shop 'N Save, and Shopper's, thanks to cost-conscious consumers and brutal competition from big discounters like Wal-Mart. The company has been closing some stores and restructuring, but pressure in this low-margin business remains intense. Investors are also skittish about a labor force that's heavily unionized and puts SuperValu at a cost disadvantage.

Comment: SVU was my turkey stock of 2010

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