Sponsored By:

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

Portfolio Grader gives these picks failing marks

   

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 increased 10.9%, the Dow increased 13.2%, and the S&P has increased 12.1%.

Shares of Rubicon Minerals Corporation (AMEX:RBY) have fallen 48% since January 1. 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 Eldorado Gold Corporation (NYSE:EGO) have slumped 48.8% since the first of the year. Eldorado Gold acquires, explores, and develops mineral properties. The stock’s trailing PE Ratio is 31.00. For more information, get Portfolio Grader’s complete analysis of EGO stock.

Shares of Molycorp, Inc. (NYSE:MCP) have dipped 50.5% since the first of the year. Molycorp produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications. As of Nov. 14, 2013, 20.6% of outstanding Molycorp, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock.

The price of Mechel OAO Sponsored ADR (NYSE:MTL) is down 53% since the first of the year. 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 the first of the year, the price of NovaGold Resources (AMEX:NG) is down 53.3%. NovaGold Resources explores and develops mineral properties in North America. For more information, get Portfolio Grader’s complete analysis of NG stock.

Since January 1, NII Holdings, Inc. Class B (NASDAQ:NIHD) has fallen 56.8%. NII Holdings provides mobile communications for business customers in Latin America. As of Nov. 14, 2013, 34.6% of outstanding NII Holdings, Inc. Class B shares were held short. For more information, get Portfolio Grader’s complete analysis of NIHD stock.

Since January 1, J. C. Penney Company, Inc. (NYSE:JCP) has plunged 58.2%. J. C. Penney operates department stores in the United States and Puerto Rico. As of Nov. 14, 2013, 26% of outstanding J. C. Penney Company, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of JCP stock.

Since the first of the year, IAMGOLD Corporation (NYSE:IAG) has tumbled 58.9%. 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 Harmony Gold Mining Co. Ltd. Sponsored ADR (NYSE:HMY) has fallen 60.2% 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 the first of the year, Gold Fields Limited Sponsored ADR (NYSE:GFI) has dipped 62.2%. 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/2013/11/10-worst-strong-sell-stocks-this-week-rby-ego-mcp-and-more-rby-ego-mcp-mtl-ng-nihd-jcp-iag-hmy-gfi/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.