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Best and Worst Investments of 2012

By Ben Steverman - 2012-12-12T21:04:13Z

Photograph by Kim White/Bloomberg

Company Symbol % Change
3 of 18

Worst U.S. Large-Cap Stock

Hewlett-Packard

-49%

Hewlett-Packard's (HPQ) "annus horribilis" was marked by an $8.8 billion write-down related to accounting problems at a software maker it acquired last year. Chief Executive Officer Meg Whitman, on board since September 2011, accused Autonomy Corp. of financial falsehoods. That's hardly Whitman's only challenge at HP: In September, she announced plans for 29,000 job cuts.

Universe and criteria: 358 stocks on U.S. exchanges with market capitalizations of more than $10 billion.

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