5 Worst Sectors to Avoid This Week

by Portfolio Grader | October 16, 2012 11:03 am

This week, the Shipping and Logistics, Metals and Mining, Communications Equipment, Marine, and Shipping and Logistics sectors look weak according to Portfolio Grader[1].

The Semiconductor sector looks weak, with 80% of its stocks (61 out of 76) rated a “sell.” Among Semiconductor stocks, International Rectifier (NYSE:IRF[2]), TriQuint Semiconductor (NASDAQ:TQNT[3]), and Intersil (NASDAQ:ISIL[4]) 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[5]), Century Aluminum (NASDAQ:CENX[6]), and Companhia Siderurgica Naciona (NYSE:SID[7]) 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[8]), Acme Packet (NASDAQ:APKT[9]), and Finisar (NASDAQ:FNSR[10]) 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[11]) and Matson Inc. (NYSE:MATX[12]) are weighing down the sector. Diana Shipping (NYSE:DSX[13]) 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[14]) andC.H. Robinson Worldwide (NASDAQ:CHRW[15]) are struggling with grades of D.Expeditors International of Washington (NASDAQ:EXPD[16]) also has a low grade of F.

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: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. IRF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IRF
  3. TQNT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TQNT
  4. ISIL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ISIL
  5. MTL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MTL
  6. CENX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CENX
  7. SID: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SID
  8. NOK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NOK
  9. APKT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=APKT
  10. FNSR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FNSR
  11. DRYS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRYS
  12. MATX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MATX
  13. DSX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSX
  14. UTIW: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UTIW
  15. CHRW: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CHRW
  16. EXPD: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=EXPD
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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