5 Worst Sectors to Avoid This Week

by Portfolio Grader | September 10, 2013 10:30 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 is dragging, 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. Overall, Walter Energy is the poorest performer in this sector. Its share price has dropped 74.9% in the last 12 months.

With 63% of its stocks (35 out of 56) rated “sell,” the Energy Services sector is struggling this week. Finishing near the bottom this week are Nuverra Environmental Solutions, Inc. (NYSE:NES[5]), GulfMark Offshore, Inc. Class A (NYSE:GLF[6]), and Key Energy Services, Inc. (NYSE:KEG[7]) among the Energy Services stocks. Nuverra Environmental Solutions, Inc. has a score of F while GulfMark Offshore, Inc. Class A and Key Energy Services, Inc. rated F and F. Key Energy Services, Inc. is performing worst overall in the sector, with a 41.4% decline over 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. The worst performer in this sector is Hewlett-Packard Company, which saw its price sink 10.8% 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”. Among Oil and Gas stocks, Enerplus Corporation (NYSE:ERF[11]), Swift Energy Company (NYSE:SFY[12]), and Newfield Exploration Company (NYSE:NFX[13]) finished near the bottom. Enerplus Corporation is currently rated F. Swift Energy Company and Newfield Exploration Company are rated F and F. Over the last 12 months, Swift Energy Company is the worst performer in this sector, with a 59.6% decline.

The Marine sector looks weak, 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/

Source URL: http://investorplace.com/2013/09/5-worst-sectors-to-avoid-this-week-dbd-qlgc-hpq-nes-glf-keg-erf-sfy-nfx-drys-dsx-nmm-clf-wlt-tc/
Short URL: http://invstplc.com/1nz45ab