10 Worst “Strong Sell” Stocks This Week — JCP EGO BAA and more

by Portfolio Grader | March 21, 2013 3:00 pm

This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader[1]. Since the beginning of the year, the Nasdaq increased 4.6%, the Dow increased 8.2%, and the S&P has risen 6.6%.

Shares of J.C. Penney (NYSE:JCP[2]) have dipped 20.9% since the first of the year. J. C. Penney operates department stores in the United States and Puerto Rico. As of March 21, 2013, 28.4% of outstanding J.C. Penney shares were held short. For more information, get Portfolio Grader’s complete analysis of JCP stock[3].

Shares of Eldorado Gold (NYSE:EGO[4]) have slumped 25.2% since the first of the year. Eldorado Gold acquires, explores, and develops mineral properties. For more information, get Portfolio Grader’s complete analysis of EGO stock[5].

Since January 1, Banro Corp. (AMEX:BAA[6]) has plunged 25.9%. Banro Corporation is engaged in the exploration and development of four gold properties, which are known as Twangiza, Namoya, Lugushwa and Kamituga. For more information, get Portfolio Grader’s complete analysis of BAA stock[7].

Shares of Silvercorp Metals (NYSE:SVM[8]) have sunk 26% since the first of the year. Silvercorp Metals is involved with the acquisition, exploration and development of silver-related mineral properties in China. For more information, get Portfolio Grader’s complete analysis of SVM stock[9].

Since the first of the year, the price of VeriFone Systems (NYSE:PAY[10]) is down 27.4%. VeriFone is engaged in the design, marketing, and service of transaction automation systems that enable secure electronic payments among consumers, merchants, and financial institutions. The stock has a trailing PE Ratio of 28.40. For more information, get Portfolio Grader’s complete analysis of PAY stock[11].

Since the first of the year, Gold Fields (NYSE:GFI[12]) has tumbled 31.9%. Gold Fields is engaged in the mining, exploration, extraction, processing, and smelting of gold. For more information, get Portfolio Grader’s complete analysis of GFI stock[13].

Shares of Molycorp (NYSE:MCP[14]) have slipped 37.4% since January 1. Molycorp produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications. As of March 21, 2013, 18.4% of outstanding Molycorp shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock[15].

Shares of Cliffs Natural Resources (NYSE:CLF[16]) have fallen 37.6% since January 1. Cliffs Natural Resources is an international mining and natural resources company. As of March 21, 2013, 20.1% of outstanding Cliffs Natural Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of CLF stock[17].

Shares of NII Holdings (NASDAQ:NIHD[18]) have slumped 37.8% since January 1. NII Holdings provides mobile communications for business customers in Latin America. As of March 21, 2013, 32.8% of outstanding NII Holdings shares were held short. For more information, get Portfolio Grader’s complete analysis of NIHD stock[19].

Share prices of IAMGOLD Corp. (NYSE:IAG[20]) are down 38.4% since the first of the year. Iamgold is involved in the exploration for, and development and production of mineral resource properties throughout the world. For more information, get Portfolio Grader’s complete analysis of IAG stock[21].

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[22].

Source URL: https://investorplace.com/2013/03/10-worst-strong-sell-stocks-this-week-jcp-ego-baa-and-more-jcp-ego-baa-svm-pay-gfi-mcp-clf-nihd-iag/

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