Avoid These 3 Downgraded Stocks in June
StockNews
Published Jun 15, 2021 10:05AM ET
Updated Jun 15, 2021 11:30AM ET
Avoid These 3 Downgraded Stocks in June
If you're looking for a second opinion on your stocks, look no further than our proprietary POWR Ratings. Our ratings evaluate stock based on 118 different factors. Stocks that were downgraded to a Sell or Strong Sell such as SunPower Corporation (NASDAQ:SPWR), Kaleido Biosciences (NASDAQ:KLDO), and Ocugen (NASDAQ:OCGN), mean its time to sell as these stocks are likely to underperform in the weeks and months ahead.The latest POWR Ratings upgrades and downgrades are here. A few stocks have been downgraded all the way to Strong Sells. We recommend that investors avoid these stocks as they are likely to underperform in the weeks and months ahead.
Investors who hold stocks that were downgraded to Sell or Strong Sell should consider selling their positions and moving into stocks that have a Buy or Strong Buy rating. In this article, though, I will focus on three stocks you should stay clear of.
Three of the more intriguing POWR Ratings downgrades include SunPower Corporation (SPWR), Kaleido Biosciences (KLDO), and Ocugen (OCGN).
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