Motley Fool puts McClatchy on list of "Five deathbed stocks"

I don't think McClatchy wanted to make this list.

The folks at Motley Fool, or, to be technical about it, their much-ballyhooed community of investors, came out with yet another column pretty much consigning McClatchy to death’s door. Well, actually, not pretty much. The piece, “Five Deathbed Stocks,” looked at one-star rated stocks and applied a few tests for liquidity, including something called the “Altman Z-Score,” which MF says “suggests companies in danger of bankruptcy.” Everything’s cool, the Z-Score sez, if a company is above 3.0, and investors should be cautious when it’s down to between 2.70 and 2.99. Those companies scoring “between 1.80 and 2.70 have a good chance of going bankrupt within two years, and those with scores below 1.80 mean the cryptkeeper is waiting,” the piece claims.

McClatchy’s score? 0.03.

BTW, Motley Fool points out some of these stock could barely cling to life, others could make a full recovery.

Click here for the Motley Fool piece.
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Hat tip: Fitz and Jen
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