4 Downgraded Stocks to Consider Selling

The first week of trading in 2021 ended on a bullish tone. However, many stocks and sectors underperformed. If the market rolls over, then these would likely sustain the biggest losses…

The POWR Ratings can help you identify technically and fundamentally weak stocks, as they are updated daily.

Without further ado, let’s take a look at four of the most notable POWR Ratings downgrades: New Residential Investment (NRZ), Fisker (FSR), Groupon (GRPN) and Lannett (LCI).

New Residential Investment (NRZ – Get Rating)

The supposed investing gurus often recommend investing in real estate investment trusts or REITs for short. NRZ is one such REIT, focused on residential real estate investments. Most of NRZ’s investments are in residential mortgage loans, mortgage-backed securities, and excess mortgage servicing rights.

NRZ has a low forward P/E ratio of 6.72 yet it shows no signs of moving back toward its pre-covid trading range of $16 to $18. NRZ has “D” grades in the Peer Grade, Trade Grade, Industry Rank, and Buy & Hold Grade POWR Rating components. NRZ is ranked 23rd of 33 stocks in the REITs – Mortgage space.

NRZ had a 2020 price return of -34.36%. The stock’s three-year price return is a disappointing…

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