This week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Semiconductor sectors rank lowest on the Portfolio Grader database.
The Metals and Mining sector is lagging this week with 78% of its stocks (72 out of 92) rated a “sell”. Cliffs Natural Resources (NYSE:CLF), Walter Energy Inc. (NYSE:WLT), and Thompson Creek Metals (NYSE:TC) are pushing the sector down with F grades. Cliffs Natural Resources is the worst performer in this sector, with a 65.2% decline in the last 12 months. This is worse than the S&P 500, which has seen a 9.5% increase over the same period.
The Computer and Personal Electronics sector looks weak, with 62% of its stocks (13 out of 21) rated a “sell”. Diebold (NYSE:DBD), QLogic (NASDAQ:QLGC), and Hewlett-Packard (NYSE:HPQ) are all currently earning F’s. Hewlett-Packard is performing worst overall in the sector, with a 8.3% decline over the last 12 months.
With 61% of its stocks (33 out of 54) rated “sell,” the Energy Services sector is struggling this week. Among Energy Services stocks, Gulfmark Offshore (NYSE:GLF), Key Energy Services (NYSE:KEG), and Nabors Industries (NYSE:NBR) are lingering near the bottom with grades of F. Key Energy Services is the worst stock in its sector, with the company’s share price falling 40.7% in the last 12 months.
The Oil and Gas sector is trailing behind others this week, with 61% of its stocks (121 out of 200) rated a “sell”. With an overall grade of F, Enerplus (NYSE:ERF), Swift Energy (NYSE:SFY), and Newfield Exploration (NYSE:NFX) are weighing down the sector. Overall, Swift Energy is the poorest performer in this sector. Its share price has dropped 47.8% in the last 12 months.
The Semiconductor sector is dragging, with 57% of its stocks (47 out of 83) rated a “sell”. Out of the Semiconductor stocks, Cypress Semiconductor (NASDAQ:CY), Atmel (NASDAQ:ATML), and Advanced Micro Devices (NYSE:AMD) are near the bottom with F’s. Advanced Micro Devices is the worst performer in this sector, with a 47.7% decline in the last 12 months.
Louis Navellier’s proprietary Portfolio Grader 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.