Top Performing Stocks To Own Right Now

Although the stock market has been hitting record highs this year, not all companies have been enjoying the ride.

Five companies in particular have been slammed and are the worst-performing S&P 500 stocks in 2016.

We’ve put together a list of those companies as a warning for investors. But just because a stock is tanking, doesn’t mean investors can’t still profit…

In fact, Money Morning Global Credit Strategist Michael Lewitt, a former hedge fund and wealth manager, has turned targeting bad-performing stocks into a winning investment strategy. He has already banked triple-digit profits from some of the most embattled companies on the market.

And for the first time ever, we’re sharing Lewitt’s investment strategy with readers. But first, let’s look at our list of the five worst-performing S&P 500 stocks in 2016…

Top Performing Stocks To Own Right Now: Nuveen Preferred Income Opportunites Fund(JPC)

Advisors’ Opinion:

  • [By Ethan Ryder]

    News headlines about Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) have trended positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nuveen Preferred & Income Oprtnts Fnd earned a media sentiment score of 0.42 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 48.1302177844966 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Top Performing Stocks To Own Right Now: National HealthCare Corporation(NHC)

Advisors’ Opinion:

  • [By Logan Wallace]

    Shares of Nobilis Health (NYSEAMERICAN:HLTH) (TSE:NHC) traded down 15.6% during mid-day trading on Tuesday following a dissappointing earnings announcement. The company traded as low as $1.35 and last traded at $1.35. 1,239,040 shares were traded during mid-day trading, an increase of 331% from the average session volume of 287,252 shares. The stock had previously closed at $1.60.

  • [By Logan Wallace]

    Virginia Retirement Systems ET AL bought a new position in shares of National Healthcare (NYSEAMERICAN:NHC) in the 1st quarter, Holdings Channel reports. The institutional investor bought 5,600 shares of the company’s stock, valued at approximately $334,000.

Top Performing Stocks To Own Right Now: EOG Resources, Inc.(EOG)

Advisors’ Opinion:

  • [By Paul Ausick]

    Here’s how share prices of the largest U.S. natural gas producers reacting to this latest report:

    Exxon Mobil Corp. (NYSE: XOM), the country’s largest producer of natural gas, traded up about 0.7%, at $80.03 in a 52-week range of $72.16 to $89.30. Chesapeake Energy Corp. (NYSE: CHK) traded up about 0.5% to $3.00, in a 52-week range of $2.53 to $5.87. EOG Resources Inc. (NYSE: EOG) traded up about 1.6% at $117.19. The 52-week range is $81.99 to $119.00.

    In addition, the United States Natural Gas ETF (NYSEARCA: UNG) traded up about 0.7% at $23.08 in a 52-week range of $20.40 to $31.72.

  • [By Matthew DiLallo]

    EOG Resources (NYSE:EOG) is cashing in on higher oil prices. The company repositioned its business to deliver strong oil growth along with some free cash flow, as long as oil was around $50 a barrel. Meanwhile, with crude well above that level now, the company is in the position to generate substantial free cash flow this year, which gives it lots of financial flexibility.

  • [By Paul Ausick]

    Here’s how share prices of the largest U.S. natural gas producers reacted the latest report:

    Exxon Mobil Corp. (NYSE: XOM), the country’s largest producer of natural gas, traded up about 0.9%, at $75.53 in a 52-week range of $73.90 to $89.30. Chesapeake Energy Corp. (NYSE: CHK) traded up nearly 19%, at $3.13 in a 52-week range of $2.53 to $6.59. The company reported better-than-expected earnings this morning. EOG Resources Inc. (NYSE: EOG) traded up about 1.1% to $106.91. The 52-week range is $81.99 to $119.00.

    Furthermore, the United States Natural Gas ETF (NYSEARCA: UNG) traded up about 0.1%, at $22.32 in a 52-week range of $20.40 to $31.72.

  • [By Paul Ausick]

    Here’s how share prices of the largest U.S. natural gas producers reacted to the latest report:

    Exxon Mobil Corp. (NYSE: XOM), the country’s largest producer of natural gas, traded down about 0.1% to $82.14, in a 52-week range of $72.16 to $89.30. Chesapeake Energy Corp. (NYSE: CHK) traded down about 0.2%, at $4.65 in a 52-week range of $2.53 to $5.60. EOG Resources Inc. (NYSE: EOG) traded down about 0.5% to $122.96. The 52-week range is $81.99 to $128.03.

    Furthermore, the United States Natural Gas ETF (NYSEARCA: UNG) traded up about 1.3%, at $22.44 in a 52-week range of $20.40 to $27.92.

Top Performing Stocks To Own Right Now: WildHorse Resource Development Corporation (WRD)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on WildHorse Resource Development (WRD)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

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