5 Worst Sectors to Avoid This Week

by Portfolio Grader | February 5, 2013 1:00 pm

This week, the Metals and Mining, Technology Equipment, Communications Equipment, Semiconductor, and Computer and Personal Electronics sectors rank lowest on the Portfolio Grader[1] database.

The Metals and Mining sector is trailing behind others this week, with 76% of its stocks (70 out of 92) rated a “sell”. ArcelorMittal (NYSE:MT[2]), Thompson Creek Metals (NYSE:TC[3]), and Walter Energy Inc. (NYSE:WLT[4]) are pushing the sector down with F grades.

The Technology Equipment sector is lagging this week with 63% of its stocks (33 out of 52) rated a “sell”. Out of the Technology Equipment stocks, TTM Technologies (NASDAQ:TTMI[5]), Universal Display (NASDAQ:PANL[6]), and AVX (NYSE:AVX[7]) are near the bottom with F’s.

The Communications Equipment sector looks weak, with 60% of its stocks (21 out of 35) rated a “sell”. With an overall grade of F, Adtran (NASDAQ:ADTN[8]), ViaSat Inc. (NASDAQ:VSAT[9]), and Polycom Inc. (NASDAQ:PLCM[10]) are weighing down the sector.

With 59% of its stocks (47 out of 80) rated “sell,” the Semiconductor sector is struggling this week. Cypress Semiconductor (NASDAQ:CY[11]), Advanced Micro Devices (NYSE:AMD[12]), and Lattice Semiconductor (NASDAQ:LSCC[13]) are all currently earning F’s.

The Computer and Personal Electronics sector is dragging, with 57% of its stocks (12 out of 21) rated a “sell”. Hewlett-Packard (NYSE:HPQ[14]), QLogic (NASDAQ:QLGC[15]), and Super Micro Computer (NASDAQ:SMCI[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: 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. TTMI: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TTMI
  6. PANL: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PANL
  7. AVX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AVX
  8. ADTN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ADTN
  9. VSAT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=VSAT
  10. PLCM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PLCM
  11. CY: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CY
  12. AMD: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AMD
  13. LSCC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=LSCC
  14. HPQ: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HPQ
  15. QLGC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLGC
  16. SMCI: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SMCI
  17. here: https://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: https://investorplace.com/2013/02/5-worst-sectors-to-avoid-this-week-hpq-qlgc-smci-ttmi-panl-avx-mt-tc-wlt-cy-amd-lscc-adtn-vsat-plcm/

Copyright ©2024 InvestorPlace unless otherwise noted.