Below are the bottom five performing stocks in the S&P 500 INDEX,RTH. These companies should be watched over the next several days for further underperformance.
Fluor (NYSE:FLR) is the worst performer, falling 7.97% today, below the S&P 500's decline of 1.36% thus far. Just behind are shares of MEMC Electronic Materials (NYSE:WFR), which is down 7.67%.
Rounding out the list of decliners are shares of Masco (NYSE:MAS) and RadioShack (NYSE:RSH), which are down 6.99% and 6.42%, respectively. Finally we have Cliffs Natural Resources (NYSE: CLF) which is lower by 6.26% on this day.
Fluor Corporation is a professional services company. The Company provides engineering, procurement, construction and maintenance as well as project management services on a global basis. Fluor also provides outsourcing of maintenance services and asset operations, equipment rental and sales, business support services, and other services.
Despite it's recent performance, Fluor (NYSE:FLR) has potential upside of 34.5% based on a current price of $55.42 and analysts' consensus price target of $74.53. Fluor shares should first meet with resistance at the 200-day moving average (MA) of $57.19 and find additional resistance at the 50-day MA of $63.63.