5 Worst Sectors to Avoid This Week

by Portfolio Grader | January 29, 2013 4:00 pm

For the week, the worst sectors according to Portfolio Grader[1] 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[2]), Thompson Creek Metals (NYSE:TC[3]), and Walter Energy Inc. (NYSE:WLT[4]) 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[5]), Polycom Inc. (NASDAQ:PLCM[6]), and Acme Packet (NASDAQ:APKT[7]) 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[8]), Kirby Corp. (NYSE:KEX[9]), and Navios Maritime Partners (NYSE:NMM[10]) 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[11]), Cypress Semiconductor (NASDAQ:CY[12]), and PMC-Sierra (NASDAQ:PMCS[13]) 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[14]), Gulfmark Offshore (NYSE:GLF[15]), and Parker Drilling (NYSE:PKD[16]) 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[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: https://navelliergrowth.investorplace.com/portfolio-grader/
  2. MT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MT
  3. TC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TC
  4. WLT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WLT
  5. ADTN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ADTN
  6. PLCM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PLCM
  7. APKT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=APKT
  8. DRYS: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRYS
  9. KEX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEX
  10. NMM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NMM
  11. IRF: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IRF
  12. CY: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CY
  13. PMCS: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PMCS
  14. WFT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WFT
  15. GLF: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  16. PKD: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PKD
  17. here: https://navelliergrowth.investorplace.com/portfolio-grader/

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