10 Worst “Strong Sell” Stocks This Week — EGO GFI ABX and more

Portfolio Grader gives these picks failing marks

   
10 Worst “Strong Sell” Stocks This Week — EGO GFI ABX and more

This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader. Since the beginning of the year, the Nasdaq increased 5.1%, the Dow rose 9.4%, and the S&P is up 8%.

Shares of Eldorado Gold (NYSE:EGO) have slumped 44.1% since January 1. Eldorado Gold acquires, explores, and develops mineral properties. For more information, get Portfolio Grader’s complete analysis of EGO stock.

Shares of Gold Fields (NYSE:GFI) have slumped 45.4% since the first of the year. 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.

Shares of Barrick Gold (NYSE:ABX) have sunk 45.5% since the first of the year. Barrick Gold makes and sells gold, and is involved with related activities such as exploration and mine development. For more information, get Portfolio Grader’s complete analysis of ABX stock.

Share prices of Silvercorp Metals (NYSE:SVM) are down 46% 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.

Shares of NovaGold Resources (AMEX:NG) have fallen 46.7% since January 1. NovaGold Resources explores and develops mineral properties in North America. The stock’s trailing PE Ratio is 38.00. For more information, get Portfolio Grader’s complete analysis of NG stock.

Since January 1, Molycorp (NYSE:MCP) has plunged 47.5%. 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 April 25, 2013, 24.1% of outstanding Molycorp shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock.

Since the first of the year, Walter Energy Inc. (NYSE:WLT) has dipped 48.8%. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of April 25, 2013, 13.3% of outstanding Walter Energy Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock.

The price of Cliffs Natural Resources (NYSE:CLF) has fallen 50.3% since the first of the year. Cliffs Natural Resources is an international mining and natural resources company. As of April 25, 2013, 22.9% of outstanding Cliffs Natural Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of CLF stock.

Since January 1, IAMGOLD Corp. (NYSE:IAG) has fallen 56.2%. 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.

Shares of Banro Corp. (AMEX:BAA) have dipped 59.3% since the first of the year. 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.

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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/04/10-worst-strong-sell-stocks-this-week-ego-gfi-abx-and-more-ego-gfi-abx-svm-ng-mcp-wlt-clf-iag-baa/.

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