10 Worst “Strong Sell” Stocks This Week — ACI CLF ABX and more

Portfolio Grader gives these picks failing marks

   
10 Worst “Strong Sell” Stocks This Week — ACI CLF ABX and more

This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader. Since the beginning of the year, the Nasdaq is up 10.9%, the Dow increased 13.2%, and the S&P is up 12.1%.

Since January 1, Arch Coal, Inc. (NYSE:ACI) has fallen 35.6%. Arch Coal produces coal and sells it to power plants, steel mills, and industrial facilities. As of Aug. 29, 2013, 19.7% of outstanding Arch Coal, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of ACI stock.

Since the first of the year, Cliffs Natural Resources (NYSE:CLF) has tumbled 36.7%. Cliffs Natural Resources is an international mining and natural resources company. As of Aug. 29, 2013, 34% of outstanding Cliffs Natural Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of CLF stock.

Shares of Barrick Gold Corporation (NYSE:ABX) have dipped 39.8% since the first of the year. Barrick Gold makes and sells gold, and is involved with related activities such as exploration and mine development. For more information, get Portfolio Grader’s complete analysis of ABX stock.

Since the first of the year, IAMGOLD Corporation (NYSE:IAG) has dipped 40.2%. Iamgold is involved in the exploration for, and development and production of mineral resource properties throughout the world. For more information, get Portfolio Grader’s complete analysis of IAG stock.

Shares of Intrepid Potash, Inc. (NYSE:IPI) have sunk 40.4% since the first of the year. Intrepid Potash mines and markets potash for use as a fertilizer. As of Aug. 29, 2013, 15.7% of outstanding Intrepid Potash, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of IPI stock.

Since the first of the year, Harmony Gold Mining Company Limited Sponsored ADR (NYSE:HMY) has dipped 51.8%. Harmony Gold Mining is a mining company which produces gold from its operations in the district of Virginia, Orange Free State. For more information, get Portfolio Grader’s complete analysis of HMY stock.

Shares of Gold Fields Limited Sponsored ADR (NYSE:GFI) have fallen 52.1% since January 1. Gold Fields is engaged in the mining, exploration, extraction, processing, and smelting of gold. For more information, get Portfolio Grader’s complete analysis of GFI stock.

Shares of Mechel OAO Sponsored ADR (NYSE:MTL) have slumped 53% since the first of the year. Mechel is a Russian metals and mining company, uniting producers of steel, rolled products, hardware, coal, iron ore concentrate, and nickel. For more information, get Portfolio Grader’s complete analysis of MTL stock.

Since January 1, Walter Energy (NYSE:WLT) has plunged 62.3%. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of Aug. 29, 2013, 13.3% of outstanding Walter Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock.

Since the first of the year, the price of Banro Corporation (AMEX:BAA) is down 63%. Banro Corporation is engaged in the exploration and development of four gold properties, which are known as Twangiza, Namoya, Lugushwa and Kamituga. For more information, get Portfolio Grader’s complete analysis of BAA stock.

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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/08/10-worst-strong-sell-stocks-this-week-aci-clf-abx-and-more-aci-clf-abx-iag-ipi-hmy-gfi-mtl-wlt-baa/.

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