4 Downgraded Stocks to Avoid

During strong markets, it can pay to be aware of companies seeing slowing momentum and distribution. These are likely to be the most vulnerable when the trend turns.  They can help you identify the weakest companies to avoid. Instead, investors should target stocks showing signs of increasing their earnings power…

Below, we provide a look at four of the latest POWR ratings downgrades: Alteryx (AYX), Norwegian Cruise Line Holdings (NCLH), Monro Muffler Brake (MNRO), and Qiwi (QIWI).

Alteryx (AYX – Get Rating)

Interestingly, AYX has been downgraded, because it operates provides cloud-based products that blend information from several sources, analyze it, and share it with others. This data can also be transmitted to tools for further use.Check out the AYX POWR Ratings and you will find the stock has “D” grades in the Peer Grade, Trade Grade, and Buy & Hold Grade components. AYX is ranked 66th of 96 stocks in the Software – Application category.

AYX has a six-month price return of -15.79%. Furthermore, AYX has a forward P/E ratio of 189.66, indicating the stock is likely overpriced. Add in the fact that AYX executives recently stated its revenue forecasts have been lowered and investors have even more reason to jump ship.

Norwegian Cruise Line Holdings (NCLH – Get Rating)

Times are tough for NCLH and fellow cruise line operators. NCLH owns and operates the Norwegian Cruise Line, Regent Seven Seas Cruises, and Oceania Cruises. All in all, NCLH has 28 ships and nearly 60,000 berths.

The POWR Ratings reveal NCLH has an…

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