While the large-cap dominated indices like the S&P 500 and Nasdaq are a few points away from all-time highs, there is considerably more weakness under the surface…
In fact, certain stocks are weakening on a technical and fundamental basis. If the market environment gets more bearish, these stocks could be vulnerable to a deeper pullback.
The POWR Ratings can help you identify the best and worst stocks in the market. Below, we provide a look at three of the latest POWR Ratings downgrades in Twilio (TWLO – Get Rating), Precipio (PRPO), and Independence Contract Drilling (ICD – Get Rating).
Based in San Francisco, TWLO makes money through Platform-as-a-Service via cloud communications. TWLO empowers developers to create, scale and use real-time communications in software applications. The TWLO platform has the following three layers: Super Network, Programmable Communications Cloud, and Engagement Cloud. Part of TWLO’s value offering is providing software developers with the ability to add video, messaging, and voice capabilities with ease.
TWLO has an F POWR Rating grade. The stock has an F Quality component, a D Value component, and a D Stability component. Click here to find out how TWLO fares in the Momentum, Sentiment, and Growth components of the POWR Ratings.
Unfortunately, TWLO is ranked last of the 15 stocks in the Software – SAAS space. Investors can learn more about the stocks in this sector by clicking here.
TWLO has a 1.43 beta. The stock has a year-to-date price return of 12% yet its one-month and six-month price returns are -2.35% and -2.55%, respectively.
The analysts’ average target price for TWLO is $352.67. The stock is currently trading at $379.55, meaning it has a downside potential of more than 13%.
PRPO’s platform eliminates the potential for medical misdiagnosis with the use of technology developed in partnership with some of the world’s top academic institutions. PRPO is currently priced at $3.10. The stock’s 52-week high is $6.40. PRPO’s 52-week low is $1.72.
PRPO has an F POWR Rating grade. The stock has a B Growth component grade yet it has an F Quality component grade and…
Continue reading at STOCKNEWS.com