With the market closing lower yesterday 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 – Get Rating), Borr Drilling (BORR – Get Rating), Livent Corporation (LTHM – Get Rating), and LiveXLive Media (LIVX – Get Rating), were just recently downgraded to Strong Sell ratings and should be avoided.
ACCD provides tech-enabled, personalized solutions that make it easier to understand, navigate and use the healthcare system. Headquartered in Seattle, ACCD is trading at $53.10.
ACCD has an overall grade of F, which translates into a Strong Sell rating in our POWR Ratings system. The company has a grade of D grades in the Quality, Sentiment, Value, and Growth components. Click here to find out how ACCD grades out in the Momentum and Stability components.
Out of 74 stocks in the Internet industry, ACCD is ranked 71st. You can find top stocks in this industry by clicking here.
BORR, a drilling business in the oil and gas sector, is now setting its sights on acquiring drilling assets in addition to operating them. Headquartered in Hamilton, Bermuda, BORR has a high beta of 5.89, which means it’s extremely volatile. The stock is trading at about half of its 52-week high of $1.67.
BORR has an overall grade of F and a Strong Sell rating in our POWR Ratings system. The company has a grade of F in the Quality component and Ds in the Stability, Growth. and Sentiment components. You can see how BORR fares in the rest of the components, including Momentum and Value, by clicking here.
BORR is ranked last out of…
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