5 Worst Sectors to Avoid This Week

by Portfolio Grader | August 28, 2012 3:47 pm

This week, the Energy Services, Energy Services, Service, Financial Services, and Independent Utilities sectors look weak according to Portfolio Grader[1].

Metals and Mining is lagging this week with 84% of its stocks (73 out of 87) rated a “sell.” Out of the Metals and Mining stocks, HudBay Minerals (NYSE:HBM[2]), Century Aluminum (NASDAQ:CENX[3]), and Molycorp (NYSE:MCP[4]) are near the bottom with F’s. Molycorp is performing worst overall in the sector, with an 82.0% decline over the last 12 months.

The Energy Services sector is trailing behind others this week, with 60% of its stocks (28 out of 47) rated a “sell.” With an overall grade of F, Tetra Technologies (NYSE:TTI[5]), Key Energy Services (NYSE:KEG[6]), and Precision Drilling (NYSE:PDS[7]) are weighing down the sector. Key Energy Services is the worst performer in this sector, with a 36.3% decline in the last 12 months.

The Service sector is dragging, with 57% of its stocks (12 out of 21) rated a “sell.” DeVry (NYSE:DV[8]), ITT Educational Services (NYSE:ESI[9]), and Sotheby’s (NYSE:BID[10]) are pushing the sector down with F grades. Over the last 12 months, DeVry is the worst performer in this sector, with a 55.3% decline.

With 57% of its stocks (12 out of 21) rated “sell,” the Financial Services sector is struggling this week. With a grade of D, ING Groep (NYSE:ING[11]) and NYSE Euronext (NYSE:NYX[12]) are weighing down the sector. Leucadia (NYSE:LUK[13]) also ranks a low F.

The Independent Utilities sector looks weak, with 56% of its stocks (5 out of 9) rated a “sell.” Out of the Independent Utilities stocks, NRG Energy (NYSE:NRG[14]) andAtlantic Power (NYSE:AT[15]) are near the bottom of the sector with D’s.TransAlta (NYSE:TAC[16]) also ranks a weak F. TransAlta is the worst stock in its sector, with the company’s share price falling 27.6% in the last 12 months.

Louis Navellier’s proprietary Portfolio Grader[1] 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[17].

Endnotes:

  1. Portfolio Grader: https://navelliergrowth.investorplace.com/portfolio-grader/
  2. HBM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HBM
  3. CENX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CENX
  4. MCP: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MCP
  5. TTI: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TTI
  6. KEG: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEG
  7. PDS: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PDS
  8. DV: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DV
  9. ESI: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ESI
  10. BID: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BID
  11. ING: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ING
  12. NYX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NYX
  13. LUK: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=LUK
  14. NRG: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NRG
  15. AT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AT
  16. TAC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAC
  17. here: https://navelliergrowth.investorplace.com/portfolio-grader/

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