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5 Worst Sectors to Avoid This Week

Computer and Personal Electronics, Energy Services, Oil and Gas, Marine, and Metals and Mining have most sells


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.

With 78% of its stocks (74 out of 95) rated “sell,” the Metals and Mining sector is struggling this week. Cliffs Natural Resources (NYSE:CLF), Walter Energy (NYSE:WLT), and Thompson Creek Metals Company Inc. (NYSE:TC) are dragging down the sector overall, each earning a low grade of F. Walter Energy is the worst performer in this sector, with a 76.5% decline in the last 12 months.

The Energy Services sector looks weak, with 63% of its stocks (35 out of 56) rated a “sell”. Among Energy Services stocks, Nuverra Environmental Solutions, Inc. (NYSE:NES), GulfMark Offshore, Inc. Class A (NYSE:GLF), and Key Energy Services, Inc. (NYSE:KEG) are lingering near the bottom with grades of F. Key Energy Services, Inc. is performing worst overall in the sector, with a 44.3% decline over the last 12 months.

The Computer and Personal Electronics sector is dragging, 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) are near the bottom with F’s. Overall, Hewlett-Packard Company is the poorest performer in this sector. Its share price has dropped 15.6% in the last 12 months.

The Oil and Gas sector is lagging this week with 59% of its stocks (122 out of 207) rated a “sell”. Enerplus Corporation (NYSE:ERF), Swift Energy Company (NYSE:SFY), and Newfield Exploration Company (NYSE:NFX) are pushing the sector down with F grades. The worst performer in this sector is Swift Energy Company, which saw its price sink 60% in the last 12 months.

The Marine sector is trailing behind others this week, with 57% of its stocks (4 out of 7) rated a “sell”. 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.

Article printed from InvestorPlace Media,

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