This week, the Service, Metals and Mining, Communications Equipment, Marine, and Service sectors look weak according to Portfolio Grader.
The Semiconductor sector looks weak, with 73% of its stocks (58 out of 79) rated a “sell.” International Rectifier (NYSE:IRF), Intersil (NASDAQ:ISIL), and Advanced Micro Devices (NYSE:AMD) are all currently earning F’s. The worst performer in this sector is Advanced Micro Devices, which saw its price sink 35.4% in the last 12 months. This is worse than the S&P 500’s 27.7% increase over the same period.
With 72% of its stocks (63 out of 88) rated “sell,” the Metals and Mining sector is struggling this week. Century Aluminum (NASDAQ:CENX), Companhia Siderurgica Naciona (NYSE:SID), and Walter Energy Inc. (NYSE:WLT) are pushing the sector down with F grades. Overall, Walter Energy Inc. is the poorest performer in this sector. Its share price has dropped 46.1% in the last 12 months.
The Communications Equipment sector is trailing behind others this week, with 63% of its stocks (22 out of 35) rated a “sell.” Acme Packet (NASDAQ:APKT), Nokia (NYSE:NOK), and Research In Motion (NASDAQ:RIMM) are dragging down the sector overall, each earning a low grade of F. Research In Motion is the worst stock in its sector, with the company’s share price falling 61.3% in the last 12 months.
The Marine sector is dragging, with 63% of its stocks (5 out of 8) rated a “sell.” With a grade of D, Matson Inc. (NYSE:MATX) andDryShips (NASDAQ:DRYS) are weighing down the sector. Diana Shipping (NYSE:DSX) also ranks a low F. Over the last 12 months, Diana Shipping is the worst performer in this sector, with a 10.5% decline.
Service is lagging this week with 62% of its stocks (13 out of 21) rated a “sell.” Out of the Service stocks, DeVry (NYSE:DV), ITT Educational Services (NYSE:ESI), and Sotheby’s (NYSE:BID) are near the bottom with F’s. ITT Educational Services is performing worst overall in the sector, with a 44.8% decline over 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.