Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Expedia Inc (EXPE), SanDisk Corporation (SNDK) & Micron Technology, Inc. (MU): Today’s 3 Worst Stocks

Despite trading lower for much of the day, the S&P 500 Index managed to stage a comeback, and end in the green on Friday. While the market found out that consumer sentiment reached a six-year high in July, Wall Street is anticipating even more substantial news next week as the Federal Reserve meets up again to discuss monetary policy. The S&P added one point today, or 0.1%, to end at 1,691.

Expedia Inc (NASDAQ:EXPE)By no means should the small gains in the index be taken to imply all-around bullishness. Shares of Expedia Inc (NASDAQ:EXPE) should help to illustrate that point fairly well, as the S&P component cratered a massive 27.4% on disappointing earnings. Expedia would best be classified as a growth stock at current valuations, meaning investors have high expectations for the business moving forward, and believe it can increase profitability more rapidly than your average stock. That, however, was not the case on Friday, when the online travel company reported earnings per share that fell 28% from the same quarter last year. Yikes.

Data storage company SanDisk Corporation (NASDAQ:SNDK) also saw shares slip, though the 5.9% slump today doesn’t quite compare to the precipitous drop in Expedia Inc (NASDAQ:EXPE)’s stock. SanDisk already reported earnings for its most recent quarter; in fact, SanDisk grew at a blistering pace, with sales rising 43% in just a year. While that strength gave the stock a boost last week, this week, the stock corrected, falling 9% as investors reigned in their optimism.

Lastly, Micron Technology, Inc. (NASDAQ:MU) shed 5.3% on Friday. The semiconductor company may, like SanDisk Corporation (NASDAQ:SNDK), be a temporary victim of its own success. The stock is up 144% from 52-week lows, and less than 14% off the 52-week highs it reached in the last month. Part of today’s decline is due to anticipation that NAND flash memory, used frequently in higher-cost smartphones, may slip in the third quarter after recent smartphone sales disappointed. As a producer of NAND flash memory, you can see why this wouldn’t bode well for Micron.

The article Today’s 3 Worst Stocks originally appeared on

Fool contributor John Divine has no position in any stocks mentioned. You can follow him on Twitter @divinebizkid and on Motley Fool CAPS @TMFDivine.The Motley Fool has no position in any of the stocks mentioned.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.