10 Best Stocks for 2012: The Results Are In

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10 Best Stocks for 2012: The Results Are In

trans 10 Best Stocks for 2012: The Results Are InNo. 10: MAKO Surgical

Mako185 10 Best Stocks for 2012: The Results Are InQ4 Return: -27%
Total Return:
-49%
InvestorDavid Gardner

It wasn’t a pretty year for little-known MAKO Surgical (NASDAQ:MAKO), David Gardner’s high-risk selection for the best stock of 2012.

The company actually sat atop this list after the first quarter, then dropped nearly 40% in Q2 to sixth place. In Q3, the stock crumbled all the way to last place and kept slipping in Q4 — the tune of 27% losses — to finish there.

Several disappointing quarters — featuring wide losses and lowered outlooks — were to blame for the stock’s ugly performance. At the end of the year, the shares had lost an eye-popping 49%

Of course, MAKO was a volatile play to begin with. This small-cap, niche medical company was betting on a narrow product line — MAKOplasty procedures for knee and hip replacement surgeries — and that bet sure didn’t pay off in 2012.


Article printed from InvestorPlace Media, http://investorplace.com/2013/01/10-best-stocks-for-2012-the-results-are-in/.

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