The Best and Worst Investments of 2013

By Ben Steverman - 2013-12-06T18:41:13Z

Photograph by David Paul Morris/Bloomberg

Company Symbol % Change
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Worst U.S. Large-Cap Stock

Newmont Mining

-47.2%

In 2013, owning a stake in a gold mine was not the way to make money. Newmont Mining (NEM), the second-largest gold producer in the world, tried to boost profit margins by eliminating 30 percent of its corporate office staff. It wasn't enough to make up for a 31 percent drop in the price of gold since October 2012.

Of 458 stocks on U.S. exchanges with market capitalizations of more than $10 billion.

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