7 Metal and Mining Stocks to Sell

by Louis Navellier | November 24, 2011 7:15 am

Precious metals are in focus as uncertainty reigns in the market, but don’t think it means that all metal and mining stocks are a good investment. Many of these companies also deal with base metals like aluminum and copper — commodities in scarce demand as the global manufacturing sector continues to see headwinds.

I watch more than 5,000 publicly traded companies with my Portfolio Grader[1] tool, ranking companies by a number of fundamental and quantitative measures. This week, I’ve got seven metal and mining stocks to sell.

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.”

Agnico-Eagle Mines (NYSE:AEM[2]) is a Canadian-based international gold producer. AEM stock has had a rough year, down 44% since the start of 2011.

Aluminum Corp. of China (NYSE:ACH[3]) produces alumina, primary aluminum and aluminum fabrication in the People’s Republic. Like other metal and mining stocks, ACH has dropped big — 50% year-to-date.

ArcelorMittal (NYSE:MT[4]) is a global steel producer that shipped approximately 85 million tons of steel in 2010. MT stock has been one of the biggest losers, down 60% year-to-date.

HudBay Minerals Inc. (NYSE:HBM[5]) owns copper, zinc and gold mines, ore concentrators and zinc production facilities all across North America. A 50% loss year-to-date for HBM stock has shareholders questioning their initial investment.

Freeport-McMoran Copper & Gold (NYSE:FCX[6]) is a mining company that works with copper, gold and other metals. Since the start of 2011, FCX stock has dipped 42%.

United States Steel (NYSE:X[7]) is a producer of integrated steel products headquartered in Pittsburgh, Pa. Year-to-date, its stock has dropped 60% compared to a loss of just 1% for the Dow Jones.

Vale (NYSE:VALE[8]) works with nickel, iron ore and iron ore pellets, manganese ore, ferroalloys, aluminum, fertilizers, copper and coal. VALE stock is down 34% year-to-date, compared to much smaller losses by the broader markets.

Get more analysis of these picks and other publicly traded stocks with Louis Navellier’s Portfolio Grader[9] tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. AEM: http://studio-5.financialcontent.com/investplace/quote?Symbol=AEM
  3. ACH: http://studio-5.financialcontent.com/investplace/quote?Symbol=ACH
  4. MT: http://studio-5.financialcontent.com/investplace/quote?Symbol=MT
  5. HBM: http://studio-5.financialcontent.com/investplace/quote?Symbol=HBM
  6. FCX: http://studio-5.financialcontent.com/investplace/quote?Symbol=FCX
  7. X: http://studio-5.financialcontent.com/investplace/quote?Symbol=X
  8. VALE: http://studio-5.financialcontent.com/investplace/quote?Symbol=VALE
  9. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/

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