by Portfolio Grader | August 22, 2013 8:15 pm
This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader[1]. Since the beginning of the year, the Nasdaq rose 10.9%, the Dow is up 13.2%, and the S&P has risen 12.1%.
Since the first of the year, the price of Molycorp, Inc. (NYSE:MCP[2]) is down 37.4%. Molycorp produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications. As of Aug. 22, 2013, 25.1% of outstanding Molycorp, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock[3].
Since January 1, Arch Coal, Inc. (NYSE:ACI[4]) has fallen 38.4%. Arch Coal produces coal and sells it to power plants, steel mills, and industrial facilities. As of Aug. 22, 2013, 19.2% of outstanding Arch Coal, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of ACI stock[5].
Shares of EV Energy Partners, L.P. (NASDAQ:EVEP[6]) have slipped 39.2% since January 1. EV Energy acquires, develops and produces oil and natural gas properties in the United States. For more information, get Portfolio Grader’s complete analysis of EVEP stock[7].
Shares of Intrepid Potash, Inc. (NYSE:IPI[8]) have slumped 41.8% since the first of the year. Intrepid Potash mines and markets potash for use as a fertilizer. For more information, get Portfolio Grader’s complete analysis of IPI stock[9].
Shares of Barrick Gold Corporation (NYSE:ABX[10]) have fallen 42.2% since January 1. 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[11].
Shares of IAMGOLD Corporation (NYSE:IAG[12]) have slumped 43.8% since January 1. 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[13].
The price of Gold Fields Limited Sponsored ADR (NYSE:GFI[14]) has fallen 46.2% since the first of the year. 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[15].
The price of Harmony Gold Mining Company Limited Sponsored ADR (NYSE:HMY[16]) is down 50.6% since the first of the year. 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[17].
Share prices of Mechel OAO Sponsored ADR (NYSE:MTL[18]) are down 51.5% 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[19].
Shares of Walter Energy (NYSE:WLT[20]) have slipped 62.9% since January 1. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of Aug. 22, 2013, 13.3% of outstanding Walter Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock[21].
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[22].
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