5 Worst Sectors to Avoid This Week

Service, Communications Equipment, Marine, Metals and Mining, and Energy Services have most sells

   
5 Worst Sectors to Avoid This Week

This week, the Service, Marine, Communications Equipment, Service, and Energy Services sectors look weak according to Portfolio Grader.

Metals and Mining is lagging this week with 85% of its stocks (74 out of 87) rated a “sell.” Among Metals and Mining stocks, HudBay Minerals (NYSE:HBM), Century Aluminum (NASDAQ:CENX), and Molycorp (NYSE:MCP) are lingering near the bottom with grades of F. Overall, Molycorp is the poorest performer in this sector. Its share price has dropped 78.3% in the last 12 months. This is worse than the S$P 500′s 19.5% increase during the same period.

The Marine sector is trailing behind others this week, with 63% of its stocks (5 out of 8) rated a “sell.” Out of the Marine stocks, DryShips (NASDAQ:DRYS) and Kirby Corp. (NYSE:KEX) are near the bottom of the sector with D’s. Diana Shipping (NYSE:DSX) also ranks a weak F. DryShips is the worst stock in its sector, with the company’s share price falling 25.8% in the last 12 months.

The Communications Equipment sector looks weak, with 60% of its stocks (21 out of 35) rated a “sell.” Nokia (NYSE:NOK), Acme Packet (NASDAQ:APKT), and Alcatel-Lucent (NYSE:ALU) are pushing the sector down with F grades. Alcatel Lucent is the worst performer in this sector, with a 67.3% decline in the last 12 months.

With 57% of its stocks (12 out of 21) rated “sell,” the Service sector is struggling this week. DeVry (NYSE:DV), ITT Educational Services (NYSE:ESI), and Sotheby’s (NYSE:BID) are dragging down the sector overall, each earning a low grade of F. Over the last 12 months, DeVry is the worst performer in this sector, with a 52.6% decline.

The Energy Services sector is dragging, with 57% of its stocks (26 out of 46) rated a “sell.” Out of the Energy Services stocks, Tetra Technologies (NYSE:TTI), Key Energy Services (NYSE:KEG), and Weatherford International (NYSE:WFT) are near the bottom with F’s. The worst performer in this sector is Key Energy Services, which saw its price sink 41.8% in the last 12 months.

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.


Article printed from InvestorPlace Media, http://investorplace.com/2012/09/5-worst-sectors-to-avoid-this-week-dv-esi-bid/.

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