5 Worst Sectors to Avoid This Week

by Portfolio Grader | February 12, 2013 1:59 pm

This week, the Computer and Personal Electronics, Computer and Personal Electronics, Technology Equipment, Semiconductor, and Oil and Gas sectors look weak according to Portfolio Grader[1].

The Metals and Mining sector looks weak, with 72% of its stocks (66 out of 92) rated a “sell”. With an overall grade of F, ArcelorMittal SA (NY Reg Sh) (NYSE:MT[2]), Thompson Creek Metals (NYSE:TC[3]), and Walter Energy Inc. (NYSE:WLT[4]) are weighing down the sector. Over the last 12 months, Walter Energy Inc. is the worst performer in this sector, with a 37% decline. This is worse than the S&P 500, which has seen a 12.2% increase over the same period.

The Computer and Personal Electronics sector is lagging this week with 62% of its stocks (13 out of 21) rated a “sell”. Hewlett-Packard (NYSE:HPQ[5]) and QLogic (NASDAQ:QLGC[6]) are dragging down the sector overall, each earning a low grade of F. Lexmark (NYSE:LXK[7]) currently ranks D. Hewlett-Packard is the worst stock in its sector, with the company’s share price falling 32.9% in the last 12 months.

The Technology Equipment sector is dragging, with 58% of its stocks (31 out of 53) rated a “sell”. Among Technology Equipment stocks, TTM Technologies (NASDAQ:TTMI[8]), AVX (NYSE:AVX[9]), and FARO Technologies (NASDAQ:FARO[10]) are lingering near the bottom with grades of F.

With 57% of its stocks (47 out of 82) rated “sell,” the Semiconductor sector is struggling this week. Out of the Semiconductor stocks, Cypress Semiconductor (NASDAQ:CY[11]), Atmel (NASDAQ:ATML[12]), and Advanced Micro Devices (NYSE:AMD[13]) are near the bottom with F’s. The worst performer in this sector is Advanced Micro Devices, which saw its price sink 46.7% in the last 12 months.

The Oil and Gas sector is trailing behind others this week, with 56% of its stocks (113 out of 200) rated a “sell”. Bill Barrett (NYSE:BBG[14]), Enerplus (NYSE:ERF[15]), and Forest Oil (NYSE:FST[16]) are all currently earning F’s. Bill Barrett is performing worst overall in the sector, with a 45.6% decline over 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: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. MT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MT
  3. TC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TC
  4. WLT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WLT
  5. HPQ: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HPQ
  6. QLGC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLGC
  7. LXK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=LXK
  8. TTMI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TTMI
  9. AVX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AVX
  10. FARO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FARO
  11. CY: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CY
  12. ATML: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ATML
  13. AMD: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AMD
  14. BBG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BBG
  15. ERF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ERF
  16. FST: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FST
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: http://investorplace.com/2013/02/5-worst-sectors-to-avoid-this-week-hpq-qlgc-lxk-ttmi-avx-faro-bbg-erf-fst-mt-tc-wlt-cy-atml-amd/
Short URL: http://invstplc.com/1foAUCo