5 Worst Sectors to Avoid This Week

by Portfolio Grader | January 8, 2013 5:00 pm

This week, the Communications Equipment, Metals and Mining, Shipping and Logistics, Marine, and Communications Equipment sectors look weak according to Portfolio Grader[1].

The Gas Utilities sector is trailing behind others this week, with 75% of its stocks (12 out of 16) rated a “sell”. Out of the Gas Utilities stocks, AGL Resources (NYSE:GAS[2]) andSouth Jersey Industries (NYSE:SJI[3]) are near the bottom of the sector with D’s.New Jersey Resources (NYSE:NJR[4]) also ranks a weak F. South Jersey Industries is performing worst overall in the sector, with a 4.9% decline over the last 12 months.

The Metals and Mining sector is lagging this week with 68% of its stocks (60 out of 88) rated a “sell”. Thompson Creek Metals (NYSE:TC[5]), Walter Energy Inc. (NYSE:WLT[6]), and Cliffs Natural Resources (NYSE:CLF[7]) are all currently earning F’s. The worst performer in this sector is Cliffs Natural Resources, which saw its price sink 37.2% in the last 12 months.

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

The Marine sector looks weak, with 63% of its stocks (5 out of 8) rated a “sell”. With an overall grade of D, DryShips (NASDAQ:DRYS[11]), Kirby Corp. (NYSE:KEX[12]), and Diana Shipping (NYSE:DSX[13]) are weighing down the sector.

With 62% of its stocks (21 out of 34) rated “sell,” the Communications Equipment sector is struggling this week. 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/

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