This week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Technology Equipment sectors rank lowest on the Portfolio Grader database.
The Metals and Mining sector is trailing behind others this week, with 77% of its stocks (72 out of 93) rated a “sell”. Finishing near the bottom this week are Cliffs Natural Resources (NYSE:CLF), Walter Energy Inc. (NYSE:WLT), and Thompson Creek Metals (NYSE:TC) among the Metals and Mining stocks. Cliffs Natural Resources has a score of F while Walter Energy Inc. and Thompson Creek Metals rated F and F. Overall, Walter Energy Inc. is the poorest performer in this sector. Its share price has dropped 82.4% 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”. Among Computer and Personal Electronics stocks, Diebold (NYSE:DBD), QLogic (NASDAQ:QLGC), and Hewlett-Packard (NYSE:HPQ) finished near the bottom. Diebold is currently rated F. QLogic and Hewlett-Packard are rated F and F.
With 61% of its stocks (34 out of 56) rated “sell,” the Energy Services sector is struggling this week. Dwelling near the bottom this week are Gulfmark Offshore (NYSE:GLF), Key Energy Services (NYSE:KEG), and Nabors Industries (NYSE:NBR) among the Energy Services stocks. Gulfmark Offshore has a score of F while Key Energy Services and Nabors Industries rated F and F. Key Energy Services is the worst performer in this sector, with a 51.9% decline in the last 12 months.
The Oil and Gas sector looks weak, with 60% of its stocks (122 out of 205) rated a “sell”. Among Oil and Gas stocks, Enerplus (NYSE:ERF), Swift Energy (NYSE:SFY), and Newfield Exploration (NYSE:NFX) lingered near the bottom. Enerplus has a score of F while Swift Energy and Newfield Exploration rated F and F. The worst performer in this sector is Swift Energy, which saw its price sink 55.5% in the last 12 months.
The Technology Equipment sector is lagging this week with 57% of its stocks (31 out of 54) rated a “sell”. Out of the Technology Equipment stocks, TTM Technologies (NASDAQ:TTMI), FARO Technologies (NASDAQ:FARO), and ScanSource (NASDAQ:SCSC) finished near the bottom. TTM Technologies has a score of F while FARO Technologies and ScanSource rated F and F.
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.