Why Noble Corporation, Diamond Offshore Drilling, and Monster Beverage Are Today’s 3 Worst Stocks

Vladimir Putin's power move singlehandedly disrupts global financial markets, dragging these three stocks down in the process

Mar 13, 2014 at 7:37PM

If anyone doubts that one man can send global financial markets into a frenzy at will, look no further than Russian President Vladimir Putin if you wish to be disproven. It helps to have millions of troops and an arsenal of weapons at your disposal, as well, and these assets were precisely what put Wall Street in panic mode Thursday after Putin mobilized troops near Russia's border with Ukraine. Seventy percent of all stocks ended lower, but Noble Corporation (NYSE:NE), Diamond Offshore Drilling (NYSE:DO), and Monster Beverage Corporation (NASDAQ:MNST) ended as the worst performers in the S&P 500 Index (SNPINDEX:^GSPC) today. The S&P, as a whole, fell 21 points, or 1.2%.

Shares of the offshore drilling company Noble Corporation shed 4.6% Thursday, the victim of a bearish market and updates to its fleet contract, and is a generally volatile stock. Noble, which leases the rigs in its fleet to oil exploration companies, provided further information about the impact of a recent problem with a rig off the coast of Brazil. The "Noble Paul Wolff," which reported a "ballast control incident" at the end of February, hasn't been operational since, an impairment that costs the company $428,000 a day in contract revenue. 

Noble drilled its way to the bottom of the index with another rig company on Thursday. Shares of Diamond Offshore Drilling lost 4.3% today, a second straight day of painful losses for shareholders, which saw the stock slip 2.4% yesterday. Energy prices took a hit on Wednesday and didn't do much to recover today, which certainly isn't improving Diamond Offshore's prospects. In fact, shares hit a 52-week low today and, without a definite catalyst on the horizon, it's tough to justify rallying behind the driller anytime soon.

While Monster Beverage's products will have you "rallying" all night and day if you drink enough, that's probably not a great idea. The company's faced some intense scrutiny from both media and Congressional critics, who've argued for firmer warnings, recipe changes, or age requirements to purchase Monster's namesake energy drinks. Shares slumped 4.3% today despite no major losses on the PR battlefield. Personally, I think those losses may come eventually, considering America's growing focus on healthy consumption and preventative, nutrition-based health initiatives.

OPEC's Worst Nightmare
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John Divine has no position in any stocks mentioned. You can follow him on Twitter @divinebizkid and on Motley Fool CAPS @TMFDivine.

The Motley Fool recommends Monster Beverage. The Motley Fool owns shares of Monster Beverage. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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