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 is dragging, with 78% of its stocks (74 out of 95) rated a “sell”. Cliffs Natural Resources (NYSE:CLF), Walter Energy (NYSE:WLT), and Thompson Creek Metals Company Inc. (NYSE:TC) are dragging down the sector overall, each earning a low grade of F. Walter Energy is performing worst overall in the sector, with a 70.6% decline over the last 12 months.
The Computer and Personal Electronics sector looks weak, with 60% of its stocks (12 out of 20) rated a “sell”. With an overall grade of F, Diebold, Incorporated (NYSE:DBD), QLogic Corporation (NASDAQ:QLGC), and Hewlett-Packard Company (NYSE:HPQ) are weighing down the sector.
The Energy Services sector is lagging this week with 60% of its stocks (34 out of 57) rated a “sell”. Out of the Energy Services stocks, Nuverra Environmental Solutions, Inc. (NYSE:NES), GulfMark Offshore, Inc. Class A (NYSE:GLF), and Key Energy Services, Inc. (NYSE:KEG) are near the bottom with F’s. Key Energy Services, Inc. is the worst performer in this sector, with a 40.6% decline in the last 12 months.
The Oil and Gas sector is trailing behind others this week, with 58% of its stocks (123 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 54.1% in the last 12 months.
With 56% of its stocks (31 out of 55) rated “sell,” the Technology Equipment sector is struggling this week. TTM Technologies, Inc. (NASDAQ:TTMI), FARO Technologies, Inc. (NASDAQ:FARO), and ScanSource, Inc. (NASDAQ:SCSC) are all currently earning 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.