5 Worst Sectors to Avoid This Week

by Portfolio Grader | December 10, 2013 12:15 pm

5 Worst Sectors to Avoid This Week

This week, the metals and mining, energy services, computer and personal electronics, oil and gas and marine sectors rank lowest on the Portfolio Grader[1] database.

The metals and mining sector is dragging, with 78% of its stocks (74 out of 95) rated a “sell”. Dwelling near the bottom this week are Cliffs Natural Resources (CLF[2]), Walter Energy (WLT[3]) and Thompson Creek Metals Company Inc. (TC[4]) among the metals and mining stocks. Cliffs Natural Resources has a score of F while Walter Energy and Thompson Creek Metals Company Inc. rated F and F.

With 61% of its stocks (34 out of 56) rated “sell,” the energy services sector is struggling this week. Among energy services stocks, GulfMark Offshore, Inc. Class A (GLF[5]), Key Energy Services, Inc. (KEG[6]) and Nabors Industries (NBR[7]) finished near the bottom. GulfMark Offshore, Inc. Class A is currently rated F. Key Energy Services, Inc. and Nabors Industries are rated F and F.

The computer and personal electronics sector is lagging this week with 60% of its stocks (12 out of 20) rated a “sell”. Out of the computer and personal electronics stocks, Diebold, Incorporated (DBD[8]), QLogic Corporation (QLGC[9]) and Hewlett-Packard Company (HPQ[10]) finished near the bottom. Diebold, Incorporated has a score of F while QLogic Corporation and Hewlett-Packard Company rated F and F.

The oil and gas sector is trailing behind others this week, with 58% of its stocks (125 out of 214) rated a “sell”. Among oil and gas stocks, Enerplus Corporation (ERF[11]), Swift Energy Company (SFY[12]) and Newfield Exploration Company (NFX[13]) lingered near the bottom. Enerplus Corporation has a score of F while Swift Energy Company and Newfield Exploration Company rated F and F.

The marine sector looks weak, with 57% of its stocks (4 out of 7) rated a “sell”. With a grade of D, Diana Shipping (DSX[14]) and Navios Maritime Partners LP (NMM[15]) are weighing down the sector. DryShips (DRYS[16]) also ranks a low F.

Louis Navellier’s proprietary Portfolio Grader[1] 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[17].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. CLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CLF
  3. WLT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WLT
  4. TC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TC
  5. GLF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLF
  6. KEG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=KEG
  7. NBR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NBR
  8. DBD: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DBD
  9. QLGC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLGC
  10. HPQ: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HPQ
  11. ERF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ERF
  12. SFY: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SFY
  13. NFX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NFX
  14. DSX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSX
  15. NMM: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NMM
  16. DRYS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DRYS
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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