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Even though the Dow Jones Industrial Average successfully generated 7.26% in 2012, just a handful of stocks were less lucky and ended the year in the red. Here are 3 depressed dow stars seeking a 2013 resurrection:
1) Hewlett-Packard (NYSE:HPQ) Closing Price in 2012: $14.25
Shares of Hewlett-Packard were a major thorn in the side of shareholders last year. The stock hit a 52-week high in February 2012 and then it was all downhill from there. Apple’s iPad, the tablet explosion and smartphones really beat up on H-Ps tech product mix. The bright side is the 3.9% dividend wetting the appetite of turnaround believers.
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