This week, the Metals and Mining, Computer and Personal Electronics, Oil and Gas, Energy Services, and Semiconductor sectors rank lowest on the Portfolio Grader database.
With 77% of its stocks (72 out of 93) rated “sell,” the Metals and Mining sector is struggling this week. With an overall grade of F, Cliffs Natural Resources (NYSE:CLF), Walter Energy Inc. (NYSE:WLT), and Thompson Creek Metals (NYSE:TC) are weighing down the sector. Walter Energy Inc. is the worst stock in its sector, with the company’s share price falling 70.5% in the last 12 months.
The Computer and Personal Electronics sector looks weak, with 62% of its stocks (13 out of 21) rated a “sell”. Out of the Computer and Personal Electronics stocks, Diebold (NYSE:DBD), QLogic (NASDAQ:QLGC), and Hewlett-Packard (NYSE:HPQ) are near the bottom with F’s. Hewlett-Packard is performing worst overall in the sector, with a 20.5% decline over the last 12 months.
The Oil and Gas sector is trailing behind others this week, with 61% of its stocks (123 out of 202) rated a “sell”. Enerplus (NYSE:ERF), Swift Energy (NYSE:SFY), and Newfield Exploration (NYSE:NFX) are pushing the sector down with F grades. Overall, Swift Energy is the poorest performer in this sector. Its share price has dropped 55% in the last 12 months.
The Energy Services sector is lagging this week with 60% of its stocks (33 out of 55) rated a “sell”. Gulfmark Offshore (NYSE:GLF), Key Energy Services (NYSE:KEG), and Nabors Industries (NYSE:NBR) are all currently earning F’s. Over the last 12 months, Key Energy Services is the worst performer in this sector, with a 56.1% decline.
The Semiconductor sector is dragging, with 57% of its stocks (47 out of 83) rated a “sell”. Among Semiconductor stocks, Cypress Semiconductor (NASDAQ:CY), Atmel (NASDAQ:ATML), and Advanced Micro Devices (NYSE:AMD) are lingering near the bottom with grades of F. The worst performer in this sector is Advanced Micro Devices, which saw its price sink 45.7% 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.
