< Go Back To Blog


Sigma Investment Counselors

August 28, 2019

Matt Krantz, in an article recently published in the Investor’s Business Daily, pointed out that six companies that commanded market values of more than $1 billion at the start of the decade (12/31/2009), were now penny stocks.

Without attempting to analyze the underlying fundamentals of each of the companies in question, (J.C. Penney, Frontier Communications, Superior Energy Services, Ascena Retail, CBL & Associates Properties, and TransAtlantic Petroleum), the clear take away for investors is: Diversify!

All comments and suggestions are welcome.

Walter J. Kirchberger, CFA

Comments are closed.