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.