It should be no surprise to investors that consumer spending is not what it used to be. High unemployment, a steady downward drift in the housing market and general economic uncertainty means folks are spending less than they used to on cars, electronics and other items. That has really put the squeeze on select consumer stocks.
I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, I’ve identified the 7 worst consumer stocks right now.
Here they are, in alphabetical order. Each one of these stocks gets a “D” or “F” according to my research, meaning it is a “sell” or “strong sell.”
Archer Daniels Midland Co. (NYSE:ADM) is well known in industry for procuring, transporting, storing, processing and merchandising agricultural commodities. ADM stock has dipped 5% year-to-date.
Carnival Corp. (NYSE:CCL) is a cruise company that operates in North America, Europe, Australia and Asia. CCL stock may be one of the most well known among cruise lines, but it has lost 23% since the start of 2011.
Honda Motor Co. (NYSE:HMC) is another Japanese developer, manufacturer and producer of motor products and vehicles. A 22% drop, year-to-date, has done little to reaffirm those who have purchased HMC stock in 2011.
Marriott International Inc. (NYSE:MAR) is a global operator and franchisor of hotels. Despite operating lodging facilities across the world, MAR stock has dipped 24% year-to-date.
Panasonic Corp. (NYSE:PC) is a Japanese electronics manufacturer, known for making televisions, audio equipment, video equipment, personal computers and other products. Like other major consumer stocks, PC stock is down 28% year-to-date.
Sony Corp. (NYSE:SNE) is one of PC’s biggest competitors, as a Japanese manufacturer of electronic equipment. Similarly, SNE stock is also down a staggering 43% since the start of 2011.
Toyota Motor Corp. (NYSE:TM) is a globally-known automotive company based in Japan. TM stock is down 15%, year-to-date, despite being so well known across the world.
Get more analysis of these picks and other publicly-traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.
