This week, the water utilities, construction materials, reit, metals and mining and electric utilities sectors rank lowest on the Portfolio Grader database.
The water utilities sector is trailing behind others this week, with 100% of its stocks (6 out of 6) rated a “sell”. Among water utilities stocks, SJW Corp. (SJW), Companhia de Saneamento Basico do Estado de Sao Paulo SABESP Sponsored ADR (SBS) and Aqua America, Inc. (WTR) finished near the bottom. SJW Corp. is currently rated D. Companhia de Saneamento Basico do Estado de Sao Paulo SABESP Sponsored ADR and Aqua America, Inc. are rated D and D. Companhia de Saneamento Basico do Estado de Sao Paulo SABESP Sponsored ADR is the worst stock in its sector, with the company’s share price falling 80.7% in the last 12 months. This is worse than the S&P 500, which has seen a 11.4% increase over the same period.
With 90% of its stocks (9 out of 10) rated “sell,” the construction materials sector is struggling this week. Among construction materials stocks, Cementos Pacasmayo SAA Sponsored ADR (CPAC), Headwaters Incorporated (HW) and Martin Marietta Materials, Inc. (MLM) lingered near the bottom. Cementos Pacasmayo SAA Sponsored ADR has a score of D while Headwaters Incorporated and Martin Marietta Materials, Inc. rated D and D.
The reit sector looks weak, with 87% of its stocks (131 out of 150) rated a “sell”. Finishing near the bottom this week are American Capital Mortgage Investment Corp. (MTGE), Hatteras Financial (HTS) and Lexington Realty Trust (LXP) among the reit stocks. American Capital Mortgage Investment Corp. has a score of F while Hatteras Financial and Lexington Realty Trust rated F and F. Over the last 12 months, Hatteras Financial is the worst performer in this sector, with a 34.4% decline.
The metals and mining sector is dragging, with 81% of its stocks (70 out of 86) rated a “sell”. Dwelling near the bottom this week are Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY), Hudbay Minerals Inc. (HBM) and Gold Fields Limited Sponsored ADR (GFI) among the metals and mining stocks. Harmony Gold Mining Co. Ltd. Sponsored ADR has a score of F while Hudbay Minerals Inc. and Gold Fields Limited Sponsored ADR rated F and F. Harmony Gold Mining Co. Ltd. Sponsored ADR is the worst stock in its sector, with the company’s share price falling 77.4% in the last 12 months.
The electric utilities sector is lagging this week with 68% of its stocks (26 out of 38) rated a “sell”. Out of the electric utilities stocks, FirstEnergy (FE), The Southern Company (SO) and CPFL Energia S.A. Sponsored ADR (CPL) finished near the bottom. FirstEnergy has a score of F while The Southern Company and CPFL Energia S.A. Sponsored ADR rated F and F. FirstEnergy is performing worst overall in the sector, with a 23.7% decline over the last 12 months.
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.
