This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader. Since the beginning of the year, the Nasdaq was flat, the Dow is up 0.7%, and the S&P has increased 0.7%.
Since the first of the year, Finisar (NASDAQ:FNSR) has dipped 5.1%. Finisar provides fiber optic subsystems and network performance test systems which enable high-speed data communications over local area network and storage area networks. As of Jan. 17, 2013, 12.7% of outstanding Finisar shares were held short. The stock has a trailing PE Ratio of 72.80. For more information, get Portfolio Grader’s complete analysis of FNSR stock.
Shares of Ultra Petroleum (NYSE:UPL) have slumped 5.7% since January 1. Ultra Petroleum is an independent exploration and production company focused on developing its long-life natural gas reserves in the Green River Basin of Wyoming. As of Jan. 17, 2013, 13.6% of outstanding Ultra Petroleum shares were held short. For more information, get Portfolio Grader’s complete analysis of UPL stock.
Since January 1, J.C. Penney (NYSE:JCP) has plunged 6.6%. J. C. Penney operates department stores in the United States and Puerto Rico. As of Jan. 17, 2013, 29.1% of outstanding J.C. Penney shares were held short. For more information, get Portfolio Grader’s complete analysis of JCP stock.
Shares of FARO Technologies (NASDAQ:FARO) have sunk 7.8% since the first of the year. Faro Technologies designs, makes, and markets portable, software-driven, 3D measurement and imaging systems that are used in various manufacturing, industrial, building construction, and forensic applications. For more information, get Portfolio Grader’s complete analysis of FARO stock.
Shares of Cypress Semiconductor (NASDAQ:CY) have dipped 10.7% since the first of the year. Cypress Semiconductor is engaged in the design, development, manufacture, and marketing of high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and system value. The stock’s trailing PE Ratio is 57.00. For more information, get Portfolio Grader’s complete analysis of CY stock.
The price of Penn West Petroleum (NYSE:PWE) has fallen 11.1% since the first of the year. Penn West Energy Trust acquires, develops, exploits, and holds interests in petroleum and natural gas properties and assets. The stock has a trailing PE Ratio of 28.70. For more information, get Portfolio Grader’s complete analysis of PWE stock.
Shares of Education Management Corp. (NASDAQ:EDMC) have slipped 14% since January 1. Education Management is the provider of post-secondary education in North America that offers academic programs to its students through campus-based and online instruction, or through a combination of both. For more information, get Portfolio Grader’s complete analysis of EDMC stock.
Since January 1, Molycorp (NYSE:MCP) has fallen 14.1%. Molycorp produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications. As of Jan. 17, 2013, 20.6% of outstanding Molycorp shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock.
Share prices of Quicksilver Resources (NYSE:KWK) are down 14.7% since the first of the year. Quicksilver Resources is involved in the acquisition, development, exploration, production, and sale of natural gas and crude oil. As of Jan. 17, 2013, 15.7% of outstanding Quicksilver Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of KWK stock.
Shares of NII Holdings (NASDAQ:NIHD) have slumped 14.9% since the first of the year. NII Holdings provides mobile communications for business customers in Latin America. As of Jan. 17, 2013, 35.4% of outstanding NII Holdings shares were held short. For more information, get Portfolio Grader’s complete analysis of NIHD stock.
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.
