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20 Companies Most Likely to Go Bankrupt in Next Year

 Sep 17, 2009 02:59 PM UTC
Return Risk
-11.47% HIGH
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Symbol Sentiment Start Return Closed
MYL n/a
IPG n/a
FDML n/a
AMKR n/a
GT n/a
SIRI n/a
M n/a
AMD n/a
HTZ n/a
CAL n/a
AIV n/a
RWT n/a
TXT n/a
AMR n/a
OSK n/a
LCAPA n/a
S n/a
LVS n/a
CBS n/a
RAD n/a

Graphic_arrow1 Via Short Stock Ideas from Seeking Alpha:  

In addition to the updated problem bank list we posted up the other day, we saw this and thought it would be worth flagging for those interested. Audit Integrity, an independent research firm, has highlighted the top 20 companies that they believe have the highest probability of filing for bankruptcy. They limited this specific list to publicly traded firms that have over $1 billion market capitalization. In no particular order:

  • Advanced Micro Devices, Inc. (AMD)
  • Amkor Technology, Inc. (AMKR)
  • AMR Corporation (AMR)
  • Apartment Investment and Management Co. (AIV)
  • CBS Corporation (CBS)
  • Continental Airlines, Inc. (CAL)
  • Federal-Mogul Corporation (FDML)
  • Hertz Global Holdings, Inc. (HTZ)
  • Interpublic Group of Companies, Inc. (IPG)
  • Las Vegas Sands Corp. (LVS)
  • Liberty Media Corporation (Capital) (LCAPA)
  • Macy's, Inc. (M)
  • Mylan Inc. (MYL)
  • Oshkosh Corporation (OSK)
  • Redwood Trust, Inc. (RWT)
  • Rite Aid Corporation (RAD)
  • Sirius XM Radio Inc. (SIRI)
  • Sprint Nextel Corporation (S)
  • Textron Inc. (TXT)
  • The Goodyear Tire & Rubber Company (GT)

They rate over 12,000 companies so as always take these with a grain of salt and obviously do the necessary due diligence on them. One particular company on the list is intriguing though: Textron. The private jet manufacturer has been on a volatile ride over the last year (to say the least) and our friends over at Zero Hedge have done some excellent sleuthing regarding various activities Textron has conducted with Goldman Sachs as of late.


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