5 Worst Sectors to Avoid This Week

by Portfolio Grader | January 22, 2013 10:00 am

On the Portfolio Grader[1] database this week, the Communications Equipment, Metals and Mining, Marine, Technology Equipment, and Semiconductor sectors are among the worst.

The Communications Equipment sector is lagging this week with 69% of its stocks (24 out of 35) rated a “sell”. Out of the Communications Equipment stocks, Adtran (NASDAQ:ADTN[2]), Finisar (NASDAQ:FNSR[3]), and ViaSat Inc. (NASDAQ:VSAT[4]) are near the bottom with F’s.

The Metals and Mining sector looks weak, with 67% of its stocks (61 out of 91) rated a “sell”. Walter Energy Inc. (NYSE:WLT[5]), Thompson Creek Metals (NYSE:TC[6]), and Cliffs Natural Resources (NYSE:CLF[7]) are all currently earning F’s. Cliffs Natural Resources is performing worst overall in the sector, with a 38.6% decline over the last 12 months.

The Marine sector is dragging, with 63% of its stocks (5 out of 8) rated a “sell”. Kirby Corp. (NYSE:KEX[8]), DryShips (NASDAQ:DRYS[9]), and Diana Shipping (NYSE:DSX[10]) are dragging down the sector overall, each earning a low grade of D.

The Technology Equipment sector is trailing behind others this week, with 61% of its stocks (31 out of 51) rated a “sell”. TTM Technologies (NASDAQ:TTMI[11]), AVX (NYSE:AVX[12]), and Universal Display (NASDAQ:PANL[13]) are pushing the sector down with F grades. Universal Display is the worst performer in this sector, with a 18.9% decline in the last 12 months.

With 60% of its stocks (49 out of 81) rated “sell,” the Semiconductor sector is struggling this week. With an overall grade of F, International Rectifier (NYSE:IRF[14]), PMC-Sierra (NASDAQ:PMCS[15]), and Intersil (NASDAQ:ISIL[16]) are weighing down the sector.

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. ADTN: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ADTN
  3. FNSR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FNSR
  4. VSAT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=VSAT
  5. WLT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WLT
  6. TC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TC
  7. CLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLF
  8. KEX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEX
  9. DRYS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRYS
  10. DSX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSX
  11. TTMI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TTMI
  12. AVX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AVX
  13. PANL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PANL
  14. IRF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IRF
  15. PMCS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PMCS
  16. ISIL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ISIL
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: http://investorplace.com/2013/01/5-worst-sectors-to-avoid-this-week-adtn-fnsr-vsat-kex-drys-dsx-wlt-tc-clf-irf-pmcs-isil-ttmi-avx-panl/
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