5 Worst Sectors to Avoid This Week

by Portfolio Grader | June 11, 2013 10:00 am

5 Worst Sectors to Avoid This Week

This week, the Computer and Personal Electronics, Computer and Personal Electronics, Energy Services, Oil and Gas, and Technology Equipment sectors look weak according to Portfolio Grader[1].

With 77% of its stocks (72 out of 93) rated “sell,” the Metals and Mining sector is struggling this week. Among Metals and Mining stocks, Cliffs Natural Resources (NYSE:CLF[2]), Walter Energy Inc. (NYSE:WLT[3]), and Thompson Creek Metals (NYSE:TC[4]) are lingering near the bottom with grades of F. Walter Energy Inc. is the worst stock in its sector, with the company’s share price falling 74% in the last 12 months.

The Computer and Personal Electronics sector is trailing behind others this week, with 62% of its stocks (13 out of 21) rated a “sell”. Out of the Computer and Personal Electronics stocks, Diebold (NYSE:DBD[5]), QLogic (NASDAQ:QLGC[6]), and Hewlett-Packard (NYSE:HPQ[7]) are near the bottom with F’s. Hewlett-Packard is performing worst overall in the sector, with a 1.3% decline over the last 12 months.

The Energy Services sector is lagging this week with 61% of its stocks (34 out of 56) rated a “sell”. Gulfmark Offshore (NYSE:GLF[8]), Key Energy Services (NYSE:KEG[9]), and Nabors Industries (NYSE:NBR[10]) are pushing the sector down with F grades. Key Energy Services is the worst performer in this sector, with a 52.5% decline in the last 12 months.

The Oil and Gas sector looks weak, with 60% of its stocks (122 out of 204) rated a “sell”. Enerplus (NYSE:ERF[11]), Swift Energy (NYSE:SFY[12]), and Newfield Exploration (NYSE:NFX[13]) are dragging down the sector overall, each earning a low grade of F. Over the last 12 months, Swift Energy is the worst performer in this sector, with a 47% decline.

The Technology Equipment sector is dragging, with 57% of its stocks (30 out of 53) rated a “sell”. TTM Technologies (NASDAQ:TTMI[14]), FARO Technologies (NASDAQ:FARO[15]), and ScanSource (NASDAQ:SCSC[16]) are all currently earning F’s.

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].

  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. TTMI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TTMI
  15. FARO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FARO
  16. SCSC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SCSC
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: http://investorplace.com/2013/06/5-worst-sectors-to-avoid-this-week-dbd-qlgc-hpq-glf-keg-nbr-erf-sfy-nfx-clf-wlt-tc-ttmi-faro-scsc-4/
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