5 Worst Sectors to Avoid This Week

by Portfolio Grader | August 13, 2013 8:00 pm

According to the Portfolio Grader[1] database this week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Marine sectors are at the bottom.

The Metals and Mining sector is lagging this week with 78% of its stocks (73 out of 93) rated a “sell”. Cliffs Natural Resources (NYSE:CLF[2]), Walter Energy (NYSE:WLT[3]), and Thompson Creek Metals Company Inc. (NYSE:TC[4]) are dragging down the sector overall, each earning a low grade of F. Overall, Walter Energy is the poorest performer in this sector. Its share price has dropped 77.8% in the last 12 months.

The Computer and Personal Electronics sector looks weak, with 62% of its stocks (13 out of 21) rated a “sell”. Diebold, Incorporated (NYSE:DBD[5]), QLogic Corporation (NASDAQ:QLGC[6]), and Hewlett-Packard Company (NYSE:HPQ[7]) are pushing the sector down with F grades.

The Energy Services sector is dragging, with 61% of its stocks (34 out of 56) rated a “sell”. Out of the Energy Services stocks, GulfMark Offshore, Inc. Class A (NYSE:GLF[8]), Key Energy Services, Inc. (NYSE:KEG[9]), and Nabors Industries (NYSE:NBR[10]) are near the bottom with F’s. Key Energy Services, Inc. is the worst performer in this sector, with a 51.5% decline in the last 12 months.

With 59% of its stocks (122 out of 206) rated “sell,” the Oil and Gas sector is struggling this week. With an overall grade of F, Enerplus Corporation (NYSE:ERF[11]), Swift Energy Company (NYSE:SFY[12]), and Newfield Exploration Company (NYSE:NFX[13]) are weighing down the sector. Over the last 12 months, Swift Energy Company is the worst performer in this sector, with a 57.7% decline.

The Marine sector is trailing behind others this week, with 57% of its stocks (4 out of 7) rated a “sell”. Diana Shipping (NYSE:DSX[14]) and Navios Maritime Partners LP (NYSE:NMM[15]) are dragging down the sector overall, each earning a high score of D. DryShips (NASDAQ:DRYS[16]) currently ranks F.

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: https://navelliergrowth.investorplace.com/portfolio-grader/
  2. CLF: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLF
  3. WLT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WLT
  4. TC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TC
  5. DBD: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DBD
  6. QLGC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLGC
  7. HPQ: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HPQ
  8. GLF: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  9. KEG: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEG
  10. NBR: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  11. ERF: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ERF
  12. SFY: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SFY
  13. NFX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NFX
  14. DSX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSX
  15. NMM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NMM
  16. DRYS: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRYS
  17. here: https://navelliergrowth.investorplace.com/portfolio-grader/

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