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 performing worst overall in the sector, with a 63% decline over the last 12 months. This is worse than the S&P 500, which has seen a 10.1% increase over the same period.
The Computer and Personal Electronics sector is dragging, with 62% of its stocks (13 out of 21) rated a “sell”. Diebold (NYSE:DBD), QLogic (NASDAQ:QLGC), and Hewlett-Packard (NYSE:HPQ) are dragging down the sector overall, each earning a low grade of F. Overall, Hewlett-Packard is the poorest performer in this sector. Its share price has dropped 11.7% in the last 12 months.
The Energy Services sector is trailing behind others this week, with 61% of its stocks (33 out of 54) rated a “sell”. 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. The worst performer in this sector is Key Energy Services, which saw its price sink 34.7% in the last 12 months.
With 61% of its stocks (121 out of 200) rated “sell,” the Oil and Gas sector is struggling this week. Enerplus (NYSE:ERF), Swift Energy (NYSE:SFY), and Newfield Exploration (NYSE:NFX) are all currently earning F’s. Over the last 12 months, Swift Energy is the worst performer in this sector, with a 42.7% decline.
The Semiconductor sector looks weak, 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 46.5% 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.
