This week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Technology Equipment sectors rank lowest on the Portfolio Grader database.
The Metals and Mining sector looks weak, with 78% of its stocks (74 out of 95) rated a “sell”. With an overall grade of F, Cliffs Natural Resources (NYSE:CLF), Walter Energy (NYSE:WLT), and Thompson Creek Metals Company Inc. (NYSE:TC) are weighing down the sector. Walter Energy is performing worst overall in the sector, with a 73.3% decline over the last 12 months.
The Computer and Personal Electronics sector is lagging this week with 60% of its stocks (12 out of 20) rated a “sell”. Among Computer and Personal Electronics stocks, Diebold, Incorporated (NYSE:DBD), QLogic Corporation (NASDAQ:QLGC), and Hewlett-Packard Company (NYSE:HPQ) are lingering near the bottom with grades of F. Hewlett-Packard Company is the worst stock in its sector, with the company’s share price falling 5% in the last 12 months.
The Energy Services sector is dragging, with 60% of its stocks (34 out of 57) rated a “sell”. Nuverra Environmental Solutions, Inc. (NYSE:NES), GulfMark Offshore, Inc. Class A (NYSE:GLF), and Key Energy Services, Inc. (NYSE:KEG) are all currently earning F’s. Key Energy Services, Inc. is the worst performer in this sector, with a 44.8% decline in the last 12 months.
The Oil and Gas sector is trailing behind others this week, with 58% of its stocks (124 out of 212) 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. Swift Energy Company is the worst stock in its sector, with the company’s share price falling 52.4% in the last 12 months.
With 56% of its stocks (31 out of 55) rated “sell,” the Technology Equipment sector is struggling this week. Out of the Technology Equipment stocks, TTM Technologies, Inc. (NASDAQ:TTMI), FARO Technologies, Inc. (NASDAQ:FARO), and ScanSource, Inc. (NASDAQ:SCSC) are near the bottom with F’s.
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.
