5 Worst Sectors to Avoid This Week

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

5 Worst Sectors to Avoid This Week

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/

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