“Stocks of companies that fell the most in Fortune’s ranking outperformed the stocks of those whose rankings increased the most.”
Fortune magazine’s list of the world’s “Most Admired Companies,” released last week, reminds us that the most popular stocks aren’t always the best investments. Consider what has happened to Boeing
BA,
+0.94%,
which five years ago was in the top 20 of Fortune’s “Most Admired” all-star list. Today, as the magazine’s editor-in-chief Alan Murray wryly puts it, the company is “the butt of screw-loose jokes.” Boeing shares today trade for less than half where it stood five years ago.
Not all companies on Fortune’s most-admired list suffer such spectacular falls from grace, but Boeing is hardly alone. Several research studies have found that not only do shares of the average most-adm …
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“Stocks of companies that fell the most in Fortune’s ranking outperformed the stocks of those whose rankings increased the most.”
Fortune magazine’s list of the world’s “Most Admired Companies,” released last week, reminds us that the most popular stocks aren’t always the best investments. Consider what has happened to Boeing
BA,
+0.94%,
which five years ago was in the top 20 of Fortune’s “Most Admired” all-star list. Today, as the magazine’s editor-in-chief Alan Murray wryly puts it, the company is “the butt of screw-loose jokes.” Boeing shares today trade for less than half where it stood five years ago.
Not all companies on Fortune’s most-admired list suffer such spectacular falls from grace, but Boeing is hardly alone. Several research studies have found that not only do shares of the average most-adm …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]