This week, the Service, Service, Auto Parts, Energy Services, and Communications Equipment sectors look weak according to Portfolio Grader.
With 83% of its stocks (71 out of 86) rated “sell,” the Metals and Mining sector is struggling this week. Among Metals and Mining stocks, Aluminum Corp. of China (NYSE:ACH), Alcoa (NYSE:AA), and Century Aluminum (NASDAQ:CENX) are lingering near the bottom with grades of F. Century Aluminum is performing worst in the sector, with a 42.5% drop over the past year. This is worse than the Nasdaq, which saw a 20.5% increase for the same period.
The Service sector is trailing behind others this week, with 67% of its stocks (14 out of 21) rated a “sell.” Out of the Service stocks, DeVry (NYSE:DV), ITT Educational Services (NYSE:ESI), and New Oriental Education & Technology Group (NYSE:EDU) are near the bottom with F’s. DeVry is performing worst overall in the sector, with a 55.9% decline over the last 12 months.
Auto Parts is lagging this week with 65% of its stocks (11 out of 17) rated a “sell.” Out of the Auto Parts stocks, Gentex (NASDAQ:GNTX) andJohnson Controls (NYSE:JCI) are near the bottom of the sector with D’s. Federal-Mogul (NASDAQ:FDML) also ranks a weak F. The worst performer in this sector is Federal-Mogul, which saw its price sink 41.3% in the last 12 months.
The Energy Services sector looks weak, with 58% of its stocks (28 out of 48) rated a “sell.” Tetra Technologies (NYSE:TTI), Key Energy Services (NYSE:KEG), and Basic Energy Services (NYSE:BAS) are dragging down the sector overall, each earning a low grade of F. Over the last 12 months, Basic Energy Services is the worst performer in this sector, with a 49.9% decline.
The Communications Equipment sector is dragging, with 56% of its stocks (19 out of 34) rated a “sell.” Acme Packet (NASDAQ:APKT), Research In Motion (NASDAQ:RIMM), and Polycom Inc. (NASDAQ:PLCM) are pushing the sector down with F grades. Acme Packet is the worst performer for the sector, having declined 69.8% over the last year.
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.