10 Worst “Strong Sell” Stocks This Week — FNSR UPL JCP and more

by Portfolio Grader | January 17, 2013 6:00 pm

This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader[1]. 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[2]) 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[3].

Shares of Ultra Petroleum (NYSE:UPL[4]) 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[5].

Since January 1, J.C. Penney (NYSE:JCP[6]) 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[7].

Shares of FARO Technologies (NASDAQ:FARO[8]) 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[9].

Shares of Cypress Semiconductor (NASDAQ:CY[10]) 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[11].

The price of Penn West Petroleum (NYSE:PWE[12]) 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[13].

Shares of Education Management Corp. (NASDAQ:EDMC[14]) 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[15].

Since January 1, Molycorp (NYSE:MCP[16]) 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[17].

Share prices of Quicksilver Resources (NYSE:KWK[18]) 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[19].

Shares of NII Holdings (NASDAQ:NIHD[20]) 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[21].

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[22].

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