GOLDMAN SACHS: The 20 Worst Stocks In The World

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Goldman Sachs’s Portfolio Strategy Research group is out with its latest US Monthly Chartbook.

Among other things, the report includes a list of stocks who offer the most downside relative to target prices established by Goldman Sachs’ equity analysts.

Basically, these are stocks you want to avoid like the plague.  Or for the more adventurous types, you’ll want to short these names.

The list varies between steel, clothing, and semiconductor companies, with a few specialty retailers. 

The stocks are ranked in order of downside risk.

Nucor Corp. -16.2%

Ticker: NUE

Recent Price: $42.95

Rating: Neutral

Description: Nucor Corporation manufactures and sells both steel and steel products in North America. Nucor is based in Charlotte, North Carolina and was founded in 1940.

Source: Goldman Sachs

Bank of America -16.4%

Ticker: BAC

Recent Price: $9.57

Rating: Neutral

Description: Bank of America is provides banking and financial products to various consumers, businesses, and investors. Bank of America is based in Charlotte, North Carolina and was founded in 1874.

Source: Goldman Sachs

International Game Tech -16.6%

Ticker: IGT

Recent Price: $16.79

Rating: Sell

Description: International Game Technology designs and develops electronic gaming systems and equipment. IGT is based in Las Vegas, Nevada and was founded in 1980.

Source: Goldman Sachs

Apartment Investment & Management -16.7%

Ticker: AIV

Recent Price: $26.41

Rating: Sell

Description: Apartment Investment and Management Company manages real estate investments. The company was founded in Denver, Colorado and was founded in 1994.

Source: Goldman Sachs

Juniper Networks -17.0%

Ticker: JNPR

Recent Price: $22.88

Rating: Neutral

Description: Juniper develops and sells products that provide network infrastructure. Juniper Networks is based in Sunnyvale, California and was founded in 1996.

Source: Goldman Sachs

Varian Medical Systems -17.3%

Ticker: VAR

Recent Price: $68.96

Rating: Sell

Description: Varian Medical Systems develops and sells equipment and products for treating cancer. Varian is based in Palo Alto, California and was founded in 1948.

Source: Goldman Sachs

Health Care REIT -18.1%

Ticker: HCN

Recent Price: $54.96

Rating: Sell

Description: Health Care REIT is an independent equity real estate trust, investing primarily in senior living and health care properties. HCN was founded in 1970 and is based in Toledo, Ohio.

Source: Goldman Sachs

TripAdvisor -18.7%

Ticker: TRIP

Recent Price: $35.67

Rating: Neutral

Description: TripAdvisor is an online travel company. It is based in Newton, Massachusetts and was founded in 2000.

Source: Goldman Sachs

Lexmark Intl -18.8%

Ticker: LXK

Recent Price: $33.24

Rating: Sell

Description: Lexmark develops and sells printing and imaging products throughout the world. It is based in Lexington, Kentucky and was founded in 1990.

Source: Goldman Sachs

Microchip Technology -19.4%

Ticker: MCHP

Recent Price: $37.20

Rating: Sell

Description: MCHP develops, designs, and sells semiconductor products for control applications. MCHP is based in Chandler, Arizona and was founded in 1989.

Source: Goldman Sachs

Computer Sciences Corp. -19.8%

Ticker: CSC

Recent Price: $29.94

Rating: Sell

Description: Computer Sciences Corporation provides IT and professional services to the government and businesses. CSC is based in Falls Church, Virginia and was founded in 1959.

Source: Goldman Sachs

United States Steel -21.7%

Ticker: X

Recent Price: $29.37

Rating: Sell

Description: United States Steel produces and sells steel mill products. U.S. Steel was founded in Pittsburgh, Pennsylvania and was founded in 1901.

Source: Goldman Sachs

Intel Corp. -21.7%

Ticker: INTC

Recent Price: $28.12

Rating: Sell

Description: Intel develops and sells integrated digital technology and microprocessors. Intel is based in Santa Clara, California and was founded in 1968.

Source: Goldman Sachs

Progressive Corp. -22.3%

Ticker: PGR

Recent Price: $23.18

Rating: Sell

Description: Progressive Corporation provides automobile insurance for individuals and businesses. Progressive is based in Mayfield Village, Ohio and was founded in 1937.

Source: Goldman Sachs

Autodesk Inc. -24.4%

Ticker: ADSK

Recent Price: $42.32

Rating: Sell

Description: Autodesk Inc. provides design software and services to customers worldwide. Autodesk is based in San Rafael, California and was founded in 1982.

Source: Goldman Sachs

KLA-Tencor Corp. -26.5%

Ticker: KLAC

Recent Price: $54.42

Rating: Sell

Description: KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries. The company is based in Milpitas, California and was founded in 1975.

Source: Goldman Sachs

Adobe Systems -30.0%

Ticker: ADBE

Recent Price: $34.31

Rating: Sell

Description: Adobe operates as a diversified software company worldwide. Adobe is headquartered in San Jose, California and was founded in 1982.

Source: Goldman Sachs

Advanced Micro Devices -31.4%

Ticker: AMD

Recent Price: $8.02

Rating: Sell

Description: AMD acts as a semiconductor company and develops microprocessor products. AMD is based in Sunnyvale, California and was founded in 1969.

Source: Goldman Sachs

Gap Inc. -35.0%

Ticker: GPS

Recent Price: $26.14

Rating: Sell

Description: Gap Inc. is a specialty retailer, offering apparel, accessories, and personal care products for men and women of all ages. GPS is based in San Francisco, California and was founded in 1969.

Source: Goldman Sachs

Sears Holdings -56.2%

Ticker: SHLD

Recent Price: $66.25

Rating: Sell

Description: Sears Holdings is a specialty retailer in the United States and Canada. Sears is based in Hoffman Estates, Illinois and was founded in 1899.

Source: Goldman Sachs

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