Capital One takes the No. 1 spot on the InvestorPlace.com 10 Best Stocks Buy List with the highest 2012 total return.
After 12 months of countless shakeups, the top performer on the InvestorPlace.com 10 Best Stocks for 2012 buy list is Capital One (NYSE:COF). The stock posted 38% total returns in 2012. The buy list, which included 10 buy-and-hold recommendations from a group of money managers, market experts and financial journalists, averaged a 5.1% return on the year. Capital One was recommended by Philip van Doorn, banking and finance analyst for TheStreet.com.
The race for the top spot was a close one as Turkish mobile giant Turkcell (NYSE:TKC) ended the year up 37%, just shy of the No. 1 spot. Turkcell was recommended by Charles Sizemore, money manager and editor of The Sizemore Investment Letter.
Rounding out the top three was Spanish bank Banco Santander (NYSE:SAN), picked by Jim Jubak, money manager and author of the stock-picking blog Jubak Picks. The stock led the way in the final three months of the year with double-digit gains and, tossing in its hefty dividend, posted a 2012 total return of 26%.
Total returns for the other seven stocks were:
#4: Hershey (NYSE:HSY), up 20%
#5: FedEx (NYSE:FDX), up 11%
#6: Microsoft (NASDAQ:MSFT), up 6%
#7: Alcoa (NYSE:AA), up 2%
#8: Caterpillar (NYSE:CAT), up 2%
#9: Arcos Dorados (NYSE:ARCO), down 42%
#10: MAKO Surgical (NASDAQ:MAKO), down 49%
For complete details on the InvestorPlace.com 10 Best Stocks for 2012, visit: http://investorplace.com/best-stocks-for-2012/.
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