10 Worst “Strong Sell” Stocks This Week — RBY ABX EGO and more

Portfolio Grader gives these picks failing marks

   
10 Worst “Strong Sell” Stocks This Week — RBY ABX EGO and more

This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader. Since the beginning of the year, the Nasdaq is up 10.9%, the Dow rose 13.2%, and the S&P is up 12.1%.

Since the first of the year, the price of Rubicon Minerals Corporation (AMEX:RBY) is down 44%. Rubicon Minerals explores for gold deposits in the Red Lake gold camp of Canada, as well as Nevada and Alaska. For more information, get Portfolio Grader’s complete analysis of RBY stock.

Shares of Barrick Gold Corporation (NYSE:ABX) have sunk 44.6% since the first of the year. Barrick Gold makes and sells gold, and is involved with related activities such as exploration and mine development. For more information, get Portfolio Grader’s complete analysis of ABX stock.

Shares of Eldorado Gold Corporation (NYSE:EGO) have dipped 47.2% since the first of the year. Eldorado Gold acquires, explores, and develops mineral properties. For more information, get Portfolio Grader’s complete analysis of EGO stock.

Since the first of the year, NovaGold Resources (AMEX:NG) has dipped 48.9%. NovaGold Resources explores and develops mineral properties in North America. For more information, get Portfolio Grader’s complete analysis of NG stock.

Since the first of the year, Mechel OAO Sponsored ADR (NYSE:MTL) has tumbled 50%. Mechel is a Russian metals and mining company, uniting producers of steel, rolled products, hardware, coal, iron ore concentrate, and nickel. For more information, get Portfolio Grader’s complete analysis of MTL stock.

Since January 1, J. C. Penney Company, Inc. (NYSE:JCP) has plunged 53.6%. J. C. Penney operates department stores in the United States and Puerto Rico. As of Oct. 3, 2013, 32.5% of outstanding J. C. Penney Company, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of JCP stock.

Shares of IAMGOLD Corporation (NYSE:IAG) have slumped 57.1% since January 1. Iamgold is involved in the exploration for, and development and production of mineral resource properties throughout the world. For more information, get Portfolio Grader’s complete analysis of IAG stock.

The price of Walter Energy (NYSE:WLT) is down 58.5% since the first of the year. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of Oct. 3, 2013, 13.3% of outstanding Walter Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock.

Share prices of Harmony Gold Mining Co. Ltd. Sponsored ADR (NYSE:HMY) are down 59% since the first of the year. Harmony Gold Mining is a mining company which produces gold from its operations in the district of Virginia, Orange Free State. For more information, get Portfolio Grader’s complete analysis of HMY stock.

Since January 1, Gold Fields Limited Sponsored ADR (NYSE:GFI) has fallen 61.3%. Gold Fields is engaged in the mining, exploration, extraction, processing, and smelting of gold. For more information, get Portfolio Grader’s complete analysis of GFI stock.

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, http://investorplace.com/2013/10/10-worst-strong-sell-stocks-this-week-rby-abx-ego-and-more-rby-abx-ego-ng-mtl-jcp-iag-wlt-hmy-gfi/.

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