Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Today’s 3 Worst Stocks

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.

With Friday's gains, the S&P 500 Index (SNPINDEX: ^GSPC  ) closed out a great week, during which it tacked on 2% on good economic news from China, and bets on the upcoming Federal Reserve meeting next week. The benchmark added four points, or 0.3%, today, ending at 1,687. That said, these three S&P components all sold off intensely today, highlighting the index's worst performers. 

Peabody Energy (NASDAQOTH: BTUUQ  ) lost 3.2%, as the coal giant's legal battle with the United Mine Workers of America, or UMWA, intensified. Peabody requested courts uphold Patriot Coal's current contracts with the UMWA, which will no longer require the company to pay retiree heath-care benefits come January 1, 2014. On top of that, the U.S. coal industry, in general, faces headwinds, with other sources of energy taking market share, and exports to China threatening to decline as Chinese producers become more price competitive. 

Oil and gas pipeline company QEP Resources (NYSE: QEP  )  shed 2.3% after the stock was downgraded at Deutsche Bank, to hold, from buy. Despite the company's exposure to the coveted Bakken formation -- a rich source of shale deposits that's sparked a flurry of companies to frack in the area -- QEP's stock has failed to perform, losing ground over the last one-year, three-year, and five-year periods. 

Lastly, contract-drilling company Ensco (NYSE: ESV  ) dropped 2.2% Friday, a decline that was also fueled by negative analyst sentiment. Bernstein downgraded the stock to a market perform rating, from outperform, citing broader trends in the rig industry that it sees as negatives for offshore drillers, in general. The sell-off means Ensco now trades at about 10 times earnings, while paying a 3.6% dividend. While investors should always be mindful of a value trap, energy gurus may want to keep an eye on Ensco's stock should the market become unreasonably bearish.

The best value investor of all time, Warren Buffett, certainly knows how to avoid a value trap; he's made billions through his investing, and he wants you to be able to invest like him. Through the years, Buffett has offered up investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.

Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2637607, ~/Articles/ArticleHandler.aspx, 9/26/2016 3:19:07 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 days ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:55 PM
^GSPC $2164.69 Down -12.49 -0.57%
S&P 500 INDEX CAPS Rating: No stars
BTUUQ $1.58 Up +0.06 +3.95%
Peabody Energy Cor… CAPS Rating: *
ESV $7.23 Down -0.24 -3.21%
Ensco CAPS Rating: *****
QEP $18.30 Down -0.41 -2.19%
QEP Resources CAPS Rating: ****