The “washing machine” market is still in full force. Most stocks aren’t really going anywhere, they’re simply sloshing back and forth. That means right now remains an ideal time to continue trimming the dead weight in your portfolio. In today’s blog, I’ll reveal to you 35 aggressive stocks currently on a slippery slope.
Now, all 35 of these stocks currently have either a D- or an F-rating in my Portfolio Grader system. For that reason, I cannot recommend any of these companies as worthwhile investments for any investor to own right now.
| Symbol | Company Name | Quantitative Grade |
Fundamental Grade |
Total Grade |
|---|---|---|---|---|
| AAOI | Applied Optoelectronics, Inc. | F | D | D |
| AKG | Asanko Gold, Inc. | D | D | D |
| ARDX | Ardelyx, Inc. | F | C | D |
| ASNA | Ascena Retail Group, Inc. | D | D | D |
| AUPH | Aurinia Pharmaceuticals Inc. | F | C | D |
| BCEI | Bonanza Creek Energy Inc | F | C | F |
| BNED | Barnes & Noble Education, Inc. | D | D | D |
| BW | Babcock & Wilcox Enterprises Inc | D | C | D |
| CBI | Chicago Bridge & Iron Co. NV | F | D | D |
| CRHM | CRH Medical Corporation | F | B | D |
| CRVS | Corvus Pharmaceuticals, Inc. | D | C | D |
| DRYS | DryShips Inc. | F | C | F |
| ERYP | ERYTech Pharma SA | D | C | D |
| FMSA | Fairmount Santrol Holdings, Inc. | D | C | D |
| FOSL | Fossil Group, Inc. | C | D | D |
| IMDZ | Immune Design Corp. | D | C | D |
| INAP | Internap Corporation | D | B | D |
| INSY | Insys Therapeutics, Inc. | D | D | D |
| JILL | J.Jill, Inc. | F | B | D |
| LIVX | LiveXLive Media Inc | D | C | D |
| MLNT | Melinta Therapeutics, Inc. | F | C | F |
| NH | NantHealth, Inc. | D | C | D |
| ORIG | Ocean Rig UDW Inc | F | C | D |
| PACB | Pacific Biosciences of California, Inc. | F | C | F |
| PES | Pioneer Energy Services Corp. | D | C | D |
| PGH | Pengrowth Energy Corporation | D | C | D |
| PLSE | Pulse Biosciences, Inc. | D | C | D |
| PRTK | Paratek Pharmaceuticals Inc | F | C | D |
| SFS | Smart & Final Stores, Inc. | F | D | F |
| SHLD | Sears Holdings Corporation | F | D | F |
| SNCR | Synchronoss Technologies, Inc. | D | C | D |
| TRVG | trivago N.V. | F | D | F |
| TTPH | Tetraphase Pharmaceuticals, Inc. | D | B | D |
| VRAY | ViewRay, Inc. | D | C | D |
| WIN | Windstream Holdings, Inc. | F | C | F |
How do I know these stocks are dangerous investments right now? Simple. I checked all of them in my Portfolio Grader tool.
When you run your holdings through this screening tool, take note of each stock’s Quantitative Grade (the current level of institutional buying pressure) and each stock’s Fundamental Grade (a weighted blend of eight financial metrics). Also check which of your stocks are rated as Conservative, Moderately Aggressive or Aggressive. Shoot to have 60% of your holdings in Conservative stocks, 30% in Moderately Aggressive and 10% in Aggressive.
I can’t stress this last point enough because aggressive stocks will be the first ones to take a beating during a correction. That’s why you want to limit your exposure to these “spicier” stocks.
To wrap up today, the best thing you can do to prepare (and to weather the current trading activity) is invest solely in companies with the best earnings prospects. Of course, the best place to start is to run your portfolio through my Portfolio Grader screening tool.
Until next time,
Louis Navellier