5 Worst Sectors to Avoid This Week

by Portfolio Grader | June 25, 2013 10:15 am

On the Portfolio Grader[1] database this week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Marine sectors are among the worst.

The Metals and Mining sector is lagging this week with 77% of its stocks (72 out of 93) rated a “sell”. Out of the Metals and Mining stocks, Cliffs Natural Resources (NYSE:CLF[2]), Walter Energy Inc. (NYSE:WLT[3]), and Thompson Creek Metals (NYSE:TC[4]) finished near the bottom. Cliffs Natural Resources has a score of F while Walter Energy Inc. and Thompson Creek Metals rated F and F. Walter Energy Inc. is the worst stock in its sector, with the company’s share price falling 78.4% in the last 12 months.

The Computer and Personal Electronics sector is dragging, with 62% of its stocks (13 out of 21) rated a “sell”. Finishing near the bottom this week are Diebold (NYSE:DBD[5]), QLogic (NASDAQ:QLGC[6]), and Hewlett-Packard (NYSE:HPQ[7]) among the Computer and Personal Electronics stocks. Diebold has a score of F while QLogic and Hewlett-Packard rated F and F. Hewlett-Packard is the worst performer in this sector, with a 3.9% decline in the last 12 months.

With 61% of its stocks (34 out of 56) rated “sell,” the Energy Services sector is struggling this week. Among Energy Services stocks, Gulfmark Offshore (NYSE:GLF[8]), Key Energy Services (NYSE:KEG[9]), and Nabors Industries (NYSE:NBR[10]) finished near the bottom. Gulfmark Offshore is currently rated F. Key Energy Services and Nabors Industries are rated F and F. Over the last 12 months, Key Energy Services is the worst performer in this sector, with a 55.8% decline.

The Oil and Gas sector looks weak, with 60% of its stocks (122 out of 204) rated a “sell”. Among Oil and Gas stocks, Enerplus (NYSE:ERF[11]), Swift Energy (NYSE:SFY[12]), and Newfield Exploration (NYSE:NFX[13]) lingered near the bottom. Enerplus has a score of F while Swift Energy and Newfield Exploration rated F and F. Overall, Swift Energy is the poorest performer in this sector. Its share price has dropped 58.2% in the last 12 months.

The Marine sector is trailing behind others this week, with 57% of its stocks (4 out of 7) rated a “sell”. With a grade of D, Diana Shipping (NYSE:DSX[14]) andNavios Maritime Partners (NYSE:NMM[15]) are weighing down the sector. DryShips (NASDAQ:DRYS[16]) also ranks a low F. The worst performer in this sector is Navios Maritime Partners, which saw its price sink 1.8% in 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. DSX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSX
  15. NMM: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NMM
  16. DRYS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRYS
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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