5 Worst Sectors to Avoid This Week

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This week, the energy services, marine, construction and engineering, electrical equipment and distributors sectors rank lowest on the Portfolio Grader database.

The energy services sector looks weak, with 91% of its stocks (50 out of 55) rated a “sell”. CARBO Ceramics (CRR), Tidewater (TDW) and Transocean (RIG) are pushing the sector down with F grades. CARBO Ceramics is the worst performer in this sector, with a 64.2% decline in the last 12 months.

The marine sector is lagging this week with 71% of its stocks (5 out of 7) rated a “sell”. With a score of F, Seaspan Corporation (SSW), Kirby Corporation (KEX) are weighing down the sector. Diana Shipping (DSX) also has a low D. Diana Shipping is the worst stock in its sector, with the company’s share price falling 10.1% in the last 12 months.

With 67% of its stocks (14 out of 21) rated “sell,” the construction and engineering sector is struggling this week. Empresas ICA SAB de CV Sponsored ADR (ICA), KBR, Inc. (KBR) and Jacobs Engineering Group (JEC) are dragging down the sector overall, each earning a low grade of F. The worst performer in this sector is Empresas ICA SAB de CV Sponsored ADR, which saw its price sink 25.2% in the last 12 months.

The electrical equipment sector is dragging, with 62% of its stocks (16 out of 26) rated a “sell”. General Cable Corporation (BGC), Graftech International Ltd (GTI) and Encore Wire Corporation (WIRE) are all currently earning F’s. Graftech International Ltd is performing worst overall in the sector, with a 61% decline over the last 12 months.

The distributors sector is trailing behind others this week, with 57% of its stocks (13 out of 23) rated a “sell”. With a grade of D, WESCO International, Inc. (WCC) and MRC Global Inc. (MRC) are weighing down the sector. Beacon Roofing Supply, Inc. (BECN) also ranks a low F.

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, https://investorplace.com/2015/05/5-worst-sectors-to-avoid-this-week-crr-tdw-rig-13/.

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