Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

4 Downgraded Stocks I'd Avoid at All Costs

Published 07/13/2021, 06:07 PM
Updated 07/13/2021, 07:30 PM
© Reuters.  4 Downgraded Stocks I'd Avoid at All Costs

As earnings season kicks into gear and more economic data gets released this week, we could see some volatility in the markets. That's why investors should avoid stocks that have been recently downgraded to a Sell or Strong Sell by our POWR Ratings system. Accolade (ACCD), Borr Drilling (BORR), Livent Corporation (NYSE:LTHM), and LiveXLive Media (LIVX) are four such companies.With the market closing lower today as investors digested corporate earnings reports and higher-than-anticipated inflation data, now is a good time to make sure you are invested in the right stocks. But, avoiding the wrong stocks is just as important.

That's why investors should consider a stock's POWR Ratings when making investment decisions. The POWR ratings take into account 118 different factors when assigning ratings. Investors should make sure to avoid stocks that are rated a Sell or Strong Sell.

Four notable stocks, Accolade (ACCD), Borr Drilling (BORR), Livent Corporation (LTHM), and LiveXLive Media (LIVX), were just recently downgraded to Strong Sell ratings and should be avoided.

Continue reading on StockNews

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.