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 3.4%, the Dow rose 8.5%, and the S&P is up 6.2%.
Shares of ArcelorMittal SA (NY Reg Sh) (NYSE:MT) have slumped 23.5% since the first of the year. Arcelor Mittal is a global steel producer that makes finished and semi-finished steel products. For more information, get Portfolio Grader’s complete analysis of MT stock.
Shares of Eldorado Gold (NYSE:EGO) have slipped 25.2% 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 Arch Coal (NYSE:ACI) have sunk 26% since the first of the year. Arch Coal produces coal and sells it to power plants, steel mills, and industrial facilities. As of April 4, 2013, 16.2% of outstanding Arch Coal shares were held short. For more information, get Portfolio Grader’s complete analysis of ACI stock.
The price of VeriFone Systems (NYSE:PAY) is down 27.4% since the first of the year. 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 29.10. For more information, get Portfolio Grader’s complete analysis of PAY stock.
Since the first of the year, Gold Fields (NYSE:GFI) has dipped 34.5%. 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.
Since the first of the year, the price of IAMGOLD Corp. (NYSE:IAG) is down 35.7%. 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.
Share prices of Banro Corp. (AMEX:BAA) are down 37% 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.
Since January 1, NII Holdings (NASDAQ:NIHD) has fallen 41.9%. NII Holdings provides mobile communications for business customers in Latin America. As of April 4, 2013, 32.8% of outstanding NII Holdings shares were held short. For more information, get Portfolio Grader’s complete analysis of NIHD stock.
Shares of Cliffs Natural Resources (NYSE:CLF) have fallen 46.3% since January 1. Cliffs Natural Resources is an international mining and natural resources company. As of April 4, 2013, 20.1% of outstanding Cliffs Natural Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of CLF stock.
Shares of Molycorp (NYSE:MCP) have slumped 47.5% 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 April 4, 2013, 18.4% of outstanding Molycorp shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP 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.
