Taking stock of 2011
What were the stock stories that really rocked the markets last year?
One, two, three – and a big exhale! The holidays are behind you! A whirlwind of tinsel, cookies and crowded malls – and now you can finally take a moment to sit back with a peppermint green tea and reflect on the blessings and curses of the year that was. Your investment portfolio was likely the source of a few surprises (or heart palpitations) this year. In addition to some high-profile bankruptcies and a few rock-star IPOs, the markets of 2011 left many ‘fallen angels’: companies with great fundamentals that are temporarily down but far from knocked out. So, at the risk of getting all Dickensian on you, let’s take a walk down (recent) memory lane and recall the big stock market stories of 2011 – including the good, the bad and the downright fugly.
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