Ranking InvestorPlace’s 10 Best Stocks for 2012 Through Q2

See how our picks have panned out for the first half of the year

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Ranking InvestorPlace’s 10 Best Stocks for 2012 Through Q2

No. 6: MAKO Surgical

Mako185 Ranking InvestorPlaces 10 Best Stocks for 2012 Through Q2Q2 Return: -39%
YTD Return:
+1.5%
Investor: David Gardner

You know what they say: What goes up must come down.

Little-known MAKO Surgical (NASDAQ:MAKO) sat atop the Best Stocks for 2012 list at the end of the first quarter, but absolutely crashed and burned in Q2. Sure, it’s still slightly up for the year, but a nearly 40% drop in returns during the past three months has almost entirely taken the wind out of its sails.

MAKO is a small-cap, niche medical company banking on a narrow product line — a pretty volatile play. Picked on the theory that baby boomers will need increased medical care as they age and a belief in its MAKOplasty procedures, it looked genius at first — until early May rolled around.

A quarterly loss of about $10 million sent investors fleeing, dropping it to around half its price overnight and have hovered at those levels since.

The selloff might have been overdone, though, and MAKO could now be bargain buy — if you’re willing to take the risk and be patient.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/ranking-investorplaces-10-best-stocks-for-2012-through-q2/.

©2014 InvestorPlace Media, LLC

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