Chipotle dives on reports of rats falling from Dallas-area restaurant ceiling >>> READ MORE

3 Energy Services Stocks to Sell Now

WFT, CJES, ATW slump in weekly rankings


For the current week, the overall ratings of three Energy Services stocks are worse, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Weatherford International (NYSE:WFT) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a D (“sell”). Weatherford International provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. In Portfolio Grader’s specific subcategory of Earnings Revisions, WFT also gets an F. The stock price has dropped 19.7% over the past month, worse than the 3% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of WFT stock.

C&J Energy Services Inc. (NYSE:CJES) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. As of Nov. 22, 2012, 16.2% of outstanding C&J Energy Services Inc. shares were held short. For a full analysis of CJES stock, visit Portfolio Grader.

This week, Atwood Oceanics (NYSE:ATW) drops from a C to a D rating. Atwood Oceanics is engaged in the international offshore drilling, exploration, and development of oil and gas wells. The stock also gets an F in Cash Flow. To get an in-depth look at ATW, get Portfolio Grader’s complete analysis of ATW stock.

Louis Navellier’s proprietary Portfolio Grader 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.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC