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5 Worst Sectors to Avoid This Week

Energy Services, Communications Equipment, Marine, Metals and Mining, and Semiconductor have most sells


For the week, the worst sectors according to Portfolio Grader are the Metals and Mining, Communications Equipment, Marine, Semiconductor, and Energy Services sectors.

With 78% of its stocks (69 out of 89) rated “sell,” the Metals and Mining sector is struggling this week. Among Metals and Mining stocks, ArcelorMittal SA (NY Reg Sh) (NYSE:MT), Thompson Creek Metals (NYSE:TC), and Walter Energy Inc. (NYSE:WLT) are lingering near the bottom with grades of F. Walter Energy Inc. is the worst stock in its sector, with the company’s share price falling 34.4% in the last 12 months. This is worse than the S&P 500, which has seen a 14.3% increase over the same period.

The Communications Equipment sector is dragging, with 63% of its stocks (22 out of 35) rated a “sell”. Adtran (NASDAQ:ADTN), Polycom Inc. (NASDAQ:PLCM), and Acme Packet (NASDAQ:APKT) are all currently earning F’s.

The Marine sector is trailing behind others this week, with 63% of its stocks (5 out of 8) rated a “sell”. DryShips (NASDAQ:DRYS), Kirby Corp. (NYSE:KEX), and Navios Maritime Partners (NYSE:NMM) are dragging down the sector overall, each earning a low grade of D.

The Semiconductor sector looks weak, with 59% of its stocks (48 out of 81) rated a “sell”. International Rectifier (NYSE:IRF), Cypress Semiconductor (NASDAQ:CY), and PMC-Sierra (NASDAQ:PMCS) are pushing the sector down with F grades.

The Energy Services sector is lagging this week with 57% of its stocks (31 out of 54) rated a “sell”. With an overall grade of F, Weatherford International (NYSE:WFT), Gulfmark Offshore (NYSE:GLF), and Parker Drilling (NYSE:PKD) are weighing down the sector. The worst performer in this sector is Parker Drilling, which saw its price sink 18.3% in the last 12 months.

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.

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