5 Worst Sectors to Avoid This Week

by Portfolio Grader | September 24, 2013 10:30 am

This week, the Metals and Mining, Energy Services, Computer and Personal Electronics, Oil and Gas, and Marine sectors rank lowest on the Portfolio Grader[1] 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[2]), Walter Energy (NYSE:WLT[3]), and Thompson Creek Metals Company Inc. (NYSE:TC[4]) 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[5]), GulfMark Offshore, Inc. Class A (NYSE:GLF[6]), and Key Energy Services, Inc. (NYSE:KEG[7]) 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[8]), QLogic Corporation (NASDAQ:QLGC[9]), and Hewlett-Packard Company (NYSE:HPQ[10]) 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[11]), Swift Energy Company (NYSE:SFY[12]), and Newfield Exploration Company (NYSE:NFX[13]) 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[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: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. CLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLF
  3. WLT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WLT
  4. TC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TC
  5. NES: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NES
  6. GLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  7. KEG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEG
  8. DBD: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DBD
  9. QLGC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLGC
  10. HPQ: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HPQ
  11. ERF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ERF
  12. SFY: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SFY
  13. NFX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NFX
  14. DSX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSX
  15. NMM: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NMM
  16. DRYS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRYS
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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