5 Durable Goods Stocks to Sell Now

by Portfolio Grader | August 3, 2012 2:45 pm

This week, the overall grades of five Durable Goods stocks are lower, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Skullcandy (NASDAQ:SKUL[2]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Skullcandy, Inc. is an audio brand that reflects the collision of the music, fashion and action sports lifestyles. As of Aug. 3, 42.5% of outstanding Skullcandy Inc. shares were held short. SKUL shares took a 6.6% plunge since last month. This is worse than the Nasdaq’s 2.2% decline during the same time period. For a full analysis of SKUL stock, visit Portfolio Grader[3].

Universal Electronics (NASDAQ:UEIC[4]) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a D (“sell”). Universal Electronics develop wireless control products and audio-video accessories for home entertainment systems. The stock also gets an F in Earnings Surprise. The stock price has dropped 3.4% over the past month. For more information, get Portfolio Grader’s complete analysis of UEIC stock[5].

This week, SodaStream‘s (NASDAQ:SODA[6]) rating worsens to a D from the company’s C rating a week ago. SodaStream International manufactures home beverage carbonation systems, which enable consumers to easily transform ordinary tap water instantly into carbonated soft drinks and sparkling water. As of Aug. 3, 48.9% of outstanding SodaStream shares were held short. For a full analysis of SODA stock, visit Portfolio Grader[7].

This week, ZAGG Inc. (NASDAQ:ZAGG[8]) drops from a C to a D rating. ZAGG designs, manufactures, and distributes protective coverings, audio accessories, and power solutions for consumer electronics and hand-held devices primarily in the United States and Europe. The stock also gets an F in Earnings Surprise. As of Aug. 3, 23.7% of outstanding ZAGG Inc. shares were held short. The price dropped 6.6% in the last month. To get an in-depth look at ZAGG, get Portfolio Grader’s complete analysis of ZAGG stock[9].

Desarrolladora (NYSE:HXM[10]) is having a tough week. The company’s rating falls from a C to a D rating. Homex Development operates as a vertically integrated home builder that purchases tracts of land, designs, constructs and markets homes for the lower and middle income markets, and assists clients with obtaining mortgages. Wall Street appears to agree with the stock downgrade, with share prices dropping 24.9% over the past month. For more information, get Portfolio Grader’s complete analysis of HXM stock[11].

Louis Navellier’s proprietary Portfolio Grader[12] stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here[13].

Source URL: https://investorplace.com/2012/08/5-durable-goods-stocks-to-sell-now-skul-ueic-soda/

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