3 Worst investments: Wal-Mart
A slightly positive return
So, here we go. Want to see which companies just didn't deliver this year? We'll start off with a heavy-hitter: Wal-Mart. The world's largest retailer continued switching its nationwide trucking fleet to gasoline alternatives, installed automatic timers on refrigerated grocery cases to save energy, required vendors to reduce plastic packaging and use small packages and planned two prototype green stores partially powered by solar energy.
Despite all that effort (and good publicity), Wal-Mart shares started the year off at roughly $46.01 ... and stand today at $47.86. That's barely a return at all -- you could have done better in the real estate market in some areas of the country. Well, except for Florida or California, anyway.
A 12-month CD down at your local bank would have gotten you more for your investment money, but only by a percent or so above Wal-Mart's 3.9% return in 2007.
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