5 Worst Sectors to Avoid This Week

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

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].

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. 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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