KODK - Should You Buy the Dip on Eastman Kodak Stock?
Amazingly, one of the best-performing stocks this year has been Eastman Kodak (NYSE: KODK), returning more than 50% since Jan. 2. During the same time period, the S&P 500 index only returned 11%.
Despite the excellent market run-up, the once-titan of the camera industry has fallen on hard times as its technology becomes relatively obsolete. Not long ago, Kodak was given a chance to turn around by rebuilding the nation's pharmaceutical supply chain. However, the company royally blundered this opportunity in as little as one week. Is there still hope left for the company's stock after being dealt this devastating blow? Let's find out.
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