5 Worst Sectors to Avoid This Week

by Portfolio Grader | April 2, 2013 2:00 pm

5 Worst Sectors to Avoid This Week

According to the Portfolio Grader[1] database this week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Semiconductor sectors are at the bottom.

The Metals and Mining sector is dragging, with 77% of its stocks (72 out of 93) rated a “sell”. Cliffs Natural Resources (NYSE:CLF[2]), Walter Energy Inc. (NYSE:WLT[3]), and Thompson Creek Metals (NYSE:TC[4]) are all currently earning F’s. The worst performer in this sector is Cliffs Natural Resources, which saw its price sink 68.2% in 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 lagging this week with 62% of its stocks (13 out of 21) rated a “sell”. Diebold (NYSE:DBD[5]), QLogic (NASDAQ:QLGC[6]), and Hewlett-Packard (NYSE:HPQ[7]) are dragging down the sector overall, each earning a low grade of F. The worst performer in this sector is Hewlett-Packard, which saw its price sink 5.1% in the last 12 months.

The Energy Services sector looks weak, with 61% of its stocks (33 out of 54) rated a “sell”. Among Energy Services stocks, Gulfmark Offshore (NYSE:GLF[8]), Key Energy Services (NYSE:KEG[9]), and Nabors Industries (NYSE:NBR[10]) are lingering near the bottom with grades of F. Key Energy Services is the worst performer in this sector, with a 39.8% decline in the last 12 months.

With 61% of its stocks (122 out of 201) rated “sell,” the Oil and Gas sector is struggling this week. Out of the Oil and Gas stocks, Enerplus (NYSE:ERF[11]), Swift Energy (NYSE:SFY[12]), and Newfield Exploration (NYSE:NFX[13]) are near the bottom with F’s. Overall, Swift Energy is the poorest performer in this sector. Its share price has dropped 47.5% in the last 12 months.

The Semiconductor sector is trailing behind others this week, with 57% of its stocks (47 out of 83) rated a “sell”. With an overall grade of F, Cypress Semiconductor (NASDAQ:CY[14]), Atmel (NASDAQ:ATML[15]), and Advanced Micro Devices (NYSE:AMD[16]) are weighing down the sector. Advanced Micro Devices is performing worst overall in the sector, with a 47.5% decline over the last 12 months.

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[17].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. CLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLF
  3. WLT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WLT
  4. TC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TC
  5. DBD: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DBD
  6. QLGC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLGC
  7. HPQ: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HPQ
  8. GLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  9. KEG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEG
  10. NBR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  11. ERF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ERF
  12. SFY: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SFY
  13. NFX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NFX
  14. CY: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CY
  15. ATML: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ATML
  16. AMD: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AMD
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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