10 Controversial Stocks


7. Best Buy

Sector: Electronics Retail

52 Week Stock Performance: -23.6 Percent

Best Buy has seen its share of being one of America’s best electronic goods retailer. Forbes ranked it ‘Company of the Year’ in 2004. In 2006, it was also listed on Fortune magazine's ‘List of Most Admired Companies.’ But in the last couple of years, its sales have been plummeting. Moreover, Best Buy announced that the company will be closing 50 stores in the country. CEO Brian Dunn also had to step down on grounds of misconduct.

Bear Case: Despite its track-record, Best Buy is losing its trusted customers. It has now become more of a guinea pig, where people just check out items but buy them from Amazon.com at lesser costs.