This week, the Metals and Mining, Energy Services, Computer and Personal Electronics, Oil and Gas, and Marine sectors rank lowest on the Portfolio Grader database.
The Metals and Mining sector is lagging this week with 78% of its stocks (73 out of 94) rated a “sell”. Out of the Metals and Mining stocks, Cliffs Natural Resources (NYSE:CLF), Walter Energy (NYSE:WLT), and Thompson Creek Metals Company Inc. (NYSE:TC) finished near the bottom. Cliffs Natural Resources has a score of F while Walter Energy and Thompson Creek Metals Company Inc. rated F and F. Overall, Walter Energy is the poorest performer in this sector. Its share price has dropped 77.1% in the last 12 months.
With 63% of its stocks (35 out of 56) rated “sell,” the Energy Services sector is struggling this week. Dwelling near the bottom this week are GulfMark Offshore, Inc. Class A (NYSE:GLF), Key Energy Services, Inc. (NYSE:KEG), and Nabors Industries (NYSE:NBR) among the Energy Services stocks. GulfMark Offshore, Inc. Class A has a score of F while Key Energy Services, Inc. and Nabors Industries rated F and F. Key Energy Services, Inc. is performing worst overall in the sector, with a 49.4% decline over the last 12 months.
The Computer and Personal Electronics sector looks weak, with 62% of its stocks (13 out of 21) rated a “sell”. Among Computer and Personal Electronics stocks, Diebold, Incorporated (NYSE:DBD), QLogic Corporation (NASDAQ:QLGC), and Hewlett-Packard Company (NYSE:HPQ) finished near the bottom. Diebold, Incorporated is currently rated F. QLogic Corporation and Hewlett-Packard Company are rated F and F.
The Oil and Gas sector is trailing behind others this week, with 59% of its stocks (122 out of 206) rated a “sell”. Among Oil and Gas stocks, Enerplus Corporation (NYSE:ERF), Swift Energy Company (NYSE:SFY), and Newfield Exploration Company (NYSE:NFX) lingered near the bottom. Enerplus Corporation has a score of F while Swift Energy Company and Newfield Exploration Company rated F and F. Swift Energy Company is the worst performer in this sector, with a 57.1% decline in the last 12 months.
The Marine sector is dragging, with 57% of its stocks (4 out of 7) rated a “sell”. With a grade of D, Diana Shipping (NYSE:DSX) and Navios Maritime Partners LP (NYSE:NMM) are weighing down the sector. DryShips (NASDAQ:DRYS) also ranks a low 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.
