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5 Worst Sectors to Avoid This Week

Shipping and Logistics, Communications Equipment, Marine, Metals and Mining, and Semiconductor have most sells

   

This week, the Shipping and Logistics, Metals and Mining, Communications Equipment, Marine, and Shipping and Logistics sectors look weak according to Portfolio Grader.

The Semiconductor sector looks weak, with 80% of its stocks (61 out of 76) rated a “sell.” Among Semiconductor stocks, International Rectifier (NYSE:IRF), TriQuint Semiconductor (NASDAQ:TQNT), and Intersil (NASDAQ:ISIL) are lingering near the bottom with grades of F. The worst performer in this sector is International Rectifier, which saw its price sink 31.5% in the last 12 months. This is worse than the S&P 500, which has seen a 17.6% increase over the same period.

With 69% of its stocks (61 out of 88) rated “sell,” the Metals and Mining sector is struggling this week. Mechel (NYSE:MTL), Century Aluminum (NASDAQ:CENX), and Companhia Siderurgica Naciona (NYSE:SID) are all currently earning F’s. The worst performer in this sector is Companhia Siderurgica Naciona, which saw its price sink 35.8% in the last 12 months.

Communications Equipment is lagging this week with 68% of its stocks (23 out of 34) rated a “sell.” Out of the Communications Equipment stocks, Nokia (NYSE:NOK), Acme Packet (NASDAQ:APKT), and Finisar (NASDAQ:FNSR) are near the bottom with F’s. Nokia is the worst performer in this sector, with a 57.7% decline 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, DryShips (NASDAQ:DRYS) and Matson Inc. (NYSE:MATX) are weighing down the sector. Diana Shipping (NYSE:DSX) also ranks a low F. Matson Inc. is the worst stock in its sector, with the company’s share price falling 23.9% in the last 12 months.

The Shipping and Logistics sector is trailing behind others this week, with 63% of its stocks (5 out of 8) rated a “sell.” Among Shipping and Logistics stocks, UTi Worldwide (NASDAQ:UTIW) andC.H. Robinson Worldwide (NASDAQ:CHRW) are struggling with grades of D.Expeditors International of Washington (NASDAQ:EXPD) also has a low grade of F.

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/2012/10/5-worst-sectors-to-avoid-this-week-expd-utiw-chrw/.

©2014 InvestorPlace Media, LLC

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