|Day Low/High||6.81 / 7.04|
|52 Wk Low/High||6.10 / 23.36|
Market turmoil is making a bad situation worse with these troubled companies, which carry unsustainable debt loads and have a history of burning cash.
We used price declines earlier in the week to add to our positions in two portfolio names.
Higher oil prices and, in at least one case, a solid earnings report lifted the fortunes of energy producers on the Real Money index of 20 troubled companies.
In what we're calling the "reverse Midas," oil and gas service providers feel the burnt of low energy prices.
New Gulfport, Mississippi Spoolbase to Support Subsea Tieback Project
Weakness early in the week allowed us to add to our positions in not five, not six, but seven stocks.
We used this week's big selloff to add to our positions in four stocks and to initiate a position in another.
We put some of our cash to work amid this week's market tumble by adding a stock and building existing positions in others.
Investors considering a purchase of McDermott International, Inc. stock, but tentative about paying the going market price of $3.01/share, might benefit from considering selling puts among the alternative strategies at their disposal.
The model portfolio ends the year fractionally higher as we look ahead to a slew of data to ring in the new year.
TherapeuticsMD was the big model portfolio winner and we took some profits.
McDermott (MDR) shares are rising in afternoon trading today.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: CA, CIX, DLHC, FEIC, MLP, NX, SCHL, TPVG, WBB Downgrades: CAAS, ESI, GSK, MAS, MDR, MENT, SNY, WCIC Initiations: EYES, HABT, MORE, PGRE Read on to get TheStreet Quant Ratings' detailed report:
Trade-Ideas LLC identified McDermott International (MDR) as a "perilous reversal" (up big yesterday but down big today) candidate
Buying opportunities with Builders FirstSource, CalAtlantic and McDermott.
Stocks bounce back Friday on November jobs data, but finish the week lower to begin December.
U.S. stocks resumed their winning ways this week, despite bad news from overseas and the latest FOMC minutes.
Here's how to trade Diamond Offshore, McDermott, Noble, Transocean and Tidewater.
Trade-Ideas LLC identified McDermott International (MDR) as a "dead cat bounce" (down big yesterday but up big today) candidate
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.