3 Downgraded Stocks to Sell in a Shaky Market By StockNews
McEwen Mining (NYSE:), Minerva Neurosciences (NASDAQ:), and American Resources Corporation (NASDAQ:) were recently downgraded in the POWR Ratings. These stocks can be a problem for investors. Investors should review their holdings as soon as they are possible. Over the past 2 weeks, the market moved steadily lower. Supply chain and coronavirus numbers continue to increase, and there are signs the market may be in financial stress.
Investor uneasiness might weigh down the market in the months ahead, presenting some attractive buying opportunities, however in order to take advantage of these opportunities, investors should consider selling stocks with weak fundamentals and technicals.
McEwen Mining, Minerva Neurosciences and American Resources Corporation were all recently downgraded by the POWR Ratings. Stockholders of these stocks need to reevaluate their holdings as quickly as possible.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.