According to the Portfolio Grader database this week, the energy services, electrical equipment, marine, construction and engineering and wireless telecom sectors are at the bottom.
The energy services sector is dragging, with 88% of its stocks (52 out of 59) rated a “sell”. TETRA Technologies, Inc. (TTI), CARBO Ceramics (CRR) and Transocean (RIG) are pushing the sector down with F grades. Overall, CARBO Ceramics is the poorest performer in this sector. Its share price has dropped 65.2% in the last 12 months.
The electrical equipment sector is lagging this week with 67% of its stocks (18 out of 27) rated a “sell”. Among electrical equipment stocks, General Cable Corporation (BGC), Graftech International Ltd (GTI) and Encore Wire Corporation (WIRE) are lingering near the bottom with grades of F. Graftech International Ltd is performing worst overall in the sector, with a 61.6% decline over the last 12 months.
The marine sector looks weak, with 67% of its stocks (6 out of 9) rated a “sell”. Star Bulk Carriers (SBLK), Seaspan Corporation (SSW) and Navios Maritime Partners LP (NMM) are all currently earning F’s. Navios Maritime Partners LP is the worst performer in this sector, with a 20.7% decline in the last 12 months.
With 64% of its stocks (14 out of 22) rated “sell,” the construction and engineering sector is struggling this week. Out of the construction and engineering stocks, Empresas ICA SAB de CV Sponsored ADR (ICA), KBR, Inc. (KBR) and Jacobs Engineering Group (JEC) are near the bottom with F’s. Over the last 12 months, KBR, Inc. is the worst performer in this sector, with a 29.4% decline.
The wireless telecom sector is trailing behind others this week, with 56% of its stocks (14 out of 25) rated a “sell”. VimpelCom Ltd. Sponsored ADR (VIP), Mobile TeleSystems OJSC Sponsored ADR (MBT) and Sprint Corp. (S) are dragging down the sector overall, each earning a low grade of F. VimpelCom Ltd. Sponsored ADR is the worst stock in its sector, with the company’s share price falling 63.1% in 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.
