10 Worst “Strong Sell” Stocks This Week — WLT MTL FST and more

by Portfolio Grader | April 11, 2013 4:00 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 is up 5.9%, the Dow rose 10.4%, and the S&P is up 8.6%.

Shares of Walter Energy Inc. (NYSE:WLT[2]) have dipped 30.7% since the first of the year. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of April 11, 2013, 13.3% of outstanding Walter Energy Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock[3].

The price of Mechel (NYSE:MTL[4]) is down 31.8% since the first of the year. Mechel is a Russian metals and mining company, uniting producers of steel, rolled products, hardware, coal, iron ore concentrate, and nickel. For more information, get Portfolio Grader’s complete analysis of MTL stock[5].

Since January 1, Forest Oil (NYSE:FST[6]) has plunged 31.9%. Forest Oil is involved in the acquisition, exploration, development, production, and marketing of natural gas and crude oil in North American and international locations. As of April 11, 2013, 16% of outstanding Forest Oil shares were held short. For more information, get Portfolio Grader’s complete analysis of FST stock[7].

Since the first of the year, Silvercorp Metals (NYSE:SVM[8]) has dipped 32%. 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, Eldorado Gold (NYSE:EGO[10]) has tumbled 35.4%. Eldorado Gold acquires, explores, and develops mineral properties. For more information, get Portfolio Grader’s complete analysis of EGO stock[11].

Since January 1, Gold Fields (NYSE:GFI[12]) has fallen 39.5%. 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[13].

Since the first of the year, the price of Banro Corp. (AMEX:BAA[14]) is down 40.7%. 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[15].

Shares of IAMGOLD Corp. (NYSE:IAG[16]) have slumped 42% 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[17].

Share prices of Molycorp (NYSE:MCP[18]) are down 47.5% since the first of the year. 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 11, 2013, 19.7% of outstanding Molycorp shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock[19].

Since the first of the year, Cliffs Natural Resources (NYSE:CLF[20]) has dipped 47.7%. Cliffs Natural Resources is an international mining and natural resources company. As of April 11, 2013, 20% of outstanding Cliffs Natural Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of CLF 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/2013/04/10-worst-strong-sell-stocks-this-week-wlt-mtl-fst-and-more-wlt-mtl-fst-svm-ego-gfi-baa-iag-mcp-clf/

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