5 Worst Sectors to Avoid This Week

by Portfolio Grader | December 11, 2012 2:04 pm

This week, the Energy Services, Energy Services, Communications Equipment, Shipping and Logistics, and Independent Utilities sectors look weak according to Portfolio Grader[1].

The Metals and Mining sector is lagging this week with 72% of its stocks (63 out of 88) rated a “sell”. With an overall grade of F, Mechel (NYSE:MTL[2]), Thompson Creek Metals (NYSE:TC[3]), and Walter Energy Inc. (NYSE:WLT[4]) are weighing down the sector. The worst performer in this sector is Walter Energy Inc., which saw its price sink 41.6% in the last 12 months.

The Energy Services sector looks weak, with 69% of its stocks (36 out of 52) rated a “sell”. Precision Drilling (NYSE:PDS[5]), Key Energy Services (NYSE:KEG[6]), and Gulfmark Offshore (NYSE:GLF[7]) are pushing the sector down with F grades. Overall, Key Energy Services is the poorest performer in this sector. Its share price has dropped 49.4% in the last 12 months.

The Communications Equipment sector is dragging, with 65% of its stocks (22 out of 34) rated a “sell”. Acme Packet (NASDAQ:APKT[8]), Adtran (NASDAQ:ADTN[9]), and Polycom Inc. (NASDAQ:PLCM[10]) are dragging down the sector overall, each earning a low grade of F.

With 63% of its stocks (5 out of 8) rated “sell,” the Shipping and Logistics sector is struggling this week. Expeditors International of Washington (NASDAQ:EXPD[11]), UTi Worldwide (NASDAQ:UTIW[12]), and C.H. Robinson Worldwide (NASDAQ:CHRW[13]) are all currently earning D’s.

The Independent Utilities sector is trailing behind others this week, with 60% of its stocks (6 out of 10) rated a “sell”. TransAlta (NYSE:TAC[14]) and Dynegy Inc. (NYSE:DYN[15]) are dragging down the sector overall, each earning a low grade of F. AES (NYSE:AES[16]) currently ranks D. TransAlta is performing worst overall in the sector, with a 24.2% decline over the last 12 months.

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: https://navelliergrowth.investorplace.com/portfolio-grader/
  2. MTL: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MTL
  3. TC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TC
  4. WLT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WLT
  5. PDS: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PDS
  6. KEG: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEG
  7. GLF: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  8. APKT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=APKT
  9. ADTN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ADTN
  10. PLCM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PLCM
  11. EXPD: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=EXPD
  12. UTIW: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=UTIW
  13. CHRW: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CHRW
  14. TAC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAC
  15. DYN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DYN
  16. AES: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AES
  17. here: https://navelliergrowth.investorplace.com/portfolio-grader/

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