This week, the Computer and Personal Electronics, Energy Services, Computer and Personal Electronics, Oil and Gas, and Marine sectors look weak according to Portfolio Grader.
The Metals and Mining sector looks weak, with 78% of its stocks (73 out of 94) rated a “sell”. Among Metals and Mining stocks, Cliffs Natural Resources (NYSE:CLF), Walter Energy (NYSE:WLT), and Thompson Creek Metals Company Inc. (NYSE:TC) lingered near the bottom. Cliffs Natural Resources has a score of F while Walter Energy and Thompson Creek Metals Company Inc. rated F and F. Over the last 12 months, Walter Energy is the worst performer in this sector, with a 77.9% decline.
The Energy Services sector is dragging, with 63% of its stocks (35 out of 56) rated a “sell”. Finishing 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 the worst performer in this sector, with a 47.5% decline in the last 12 months.
The Computer and Personal Electronics sector is lagging this week with 62% of its stocks (13 out of 21) rated a “sell”. Out of the 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 has a score of F while QLogic Corporation and Hewlett-Packard Company rated F and F. Hewlett-Packard Company is the worst stock in its sector, with the company’s share price falling 10% in the last 12 months.
The Oil and Gas sector is trailing behind others this week, with 59% of its stocks (122 out of 206) rated a “sell”. Dwelling near the bottom this week are Enerplus Corporation (NYSE:ERF), Swift Energy Company (NYSE:SFY), and Newfield Exploration Company (NYSE:NFX) among the Oil and Gas stocks. Enerplus Corporation has a score of F while Swift Energy Company and Newfield Exploration Company rated F and F. Overall, Swift Energy Company is the poorest performer in this sector. Its share price has dropped 60.1% in the last 12 months.
With 57% of its stocks (4 out of 7) rated “sell,” the Marine sector is struggling this week. Out of the Marine stocks, Diana Shipping (NYSE:DSX) and Navios Maritime Partners LP (NYSE:NMM) are near the bottom of the sector with D’s. DryShips (NASDAQ:DRYS) also ranks a weak 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.