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.
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), Walter Energy (NYSE:WLT), and Thompson Creek Metals Company Inc. (NYSE:TC) 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), GulfMark Offshore, Inc. Class A (NYSE:GLF), and Key Energy Services, Inc. (NYSE:KEG) 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), QLogic Corporation (NASDAQ:QLGC), and Hewlett-Packard Company (NYSE:HPQ) 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), Swift Energy Company (NYSE:SFY), and Newfield Exploration Company (NYSE:NFX) 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) 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.