5 Worst Sectors to Avoid This Week

by Portfolio Grader | September 3, 2013 11:00 am

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[1].

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[2]), Walter Energy (NYSE:WLT[3]), and Thompson Creek Metals Company Inc. (NYSE:TC[4]) 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[5]), Key Energy Services, Inc. (NYSE:KEG[6]), and Nabors Industries (NYSE:NBR[7]) 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[8]), QLogic Corporation (NASDAQ:QLGC[9]), and Hewlett-Packard Company (NYSE:HPQ[10]) 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[11]), Swift Energy Company (NYSE:SFY[12]), and Newfield Exploration Company (NYSE:NFX[13]) 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[14]) and Navios Maritime Partners LP (NYSE:NMM[15]) are near the bottom of the sector with D’s. DryShips (NASDAQ:DRYS[16]) also ranks a weak 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. GLF: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  6. KEG: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEG
  7. NBR: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  8. DBD: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DBD
  9. QLGC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLGC
  10. HPQ: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HPQ
  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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