Investing
52-Week Low Club (CCJ, CVI, EIX, MDR, SSRI, ZINC)
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The drop in commodities isn’t good for everyone apparently. Many metals stocks are on the list today, as are others. Here is a partial list of some semi-active stocks hitting 52-week lows today:
- Cameco (NYSE: CCJ) continued uranium weakness after its Cigar Lake troubles persist… and persist… and persist…
- CVR Energy (NYSE: CVI)… energy and fertilizer, recent IPO, so long for the fun times; becoming one of the worse performing post-IPO’s over the last year.
- Edison International (NYSE: EIX)… becoming habitual to see power generation companies
- McDermott (NYSE: MDR) after naming new CEO; stock back above lows but hit new 52-week lows this morning.
- Silver Standard Resources Inc. (NASDAQ: SSRI), one of the many speculative metals plays on the list
- Horsehead Holdings (NASDAQ: ZINC), again… it’s hard not to give this one at least two nicknames.
Jon C. Ogg
August 15, 2008
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