5 Worst Sectors to Avoid This Week

by Portfolio Grader | December 27, 2012 9:15 pm

On the Portfolio Grader[1] database this week, the Gas Utilities, Metals and Mining, Shipping and Logistics, Marine, and Communications Equipment sectors are among the worst.

The Gas Utilities sector is lagging this week with 75% of its stocks (12 out of 16) rated a “sell”. Among Gas Utilities stocks, AGL Resources (NYSE:GAS[2]) andSouth Jersey Industries (NYSE:SJI[3]) are struggling with grades of D.New Jersey Resources (NYSE:NJR[4]) also has a low grade of F. New Jersey Resources is the worst performer in this sector, with a 14.9% decline in the last 12 months. This is worse than the S&P 500, which has seen a 13.6% increase over the same period.

With 68% of its stocks (60 out of 88) rated “sell,” the Metals and Mining sector is struggling this week. Thompson Creek Metals (NYSE:TC[5]), Walter Energy Inc. (NYSE:WLT[6]), and Cliffs Natural Resources (NYSE:CLF[7]) are pushing the sector down with F grades. Thompson Creek Metals is the worst stock in its sector, with the company’s share price falling 42.7% in the last 12 months.

The Shipping and Logistics sector is dragging, with 63% of its stocks (5 out of 8) rated a “sell”. UTi Worldwide (NASDAQ:UTIW[8]), Expeditors International of Washington (NASDAQ:EXPD[9]), and C.H. Robinson Worldwide (NASDAQ:CHRW[10]) are all currently earning D’s.

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[11]), Kirby Corp. (NYSE:KEX[12]), and Diana Shipping (NYSE:DSX[13]) are near the bottom with D’s. Diana Shipping is the worst performer in this sector, with a 2.5% decline in the last 12 months.

The Communications Equipment sector looks weak, with 62% of its stocks (21 out of 34) rated a “sell”. Adtran (NASDAQ:ADTN[14]), Polycom Inc. (NASDAQ:PLCM[15]), and Acme Packet (NASDAQ:APKT[16]) are dragging down the sector overall, each earning 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. GAS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GAS
  3. SJI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SJI
  4. NJR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NJR
  5. TC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TC
  6. WLT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WLT
  7. CLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLF
  8. UTIW: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UTIW
  9. EXPD: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=EXPD
  10. CHRW: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CHRW
  11. DRYS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRYS
  12. KEX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEX
  13. DSX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSX
  14. ADTN: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ADTN
  15. PLCM: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PLCM
  16. APKT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=APKT
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: http://investorplace.com/2012/12/5-worst-sectors-to-avoid-this-week-adtn-plcm-apkt-drys-kex-dsx-tc-wlt-clf-njr-gas-sji-utiw-expd-chrw/
Short URL: http://invstplc.com/1nHiilq