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5 Worst Sectors to Avoid This Week

Service, Communications Equipment, Auto Parts, Metals and Mining, and Energy Services have most sells


This week, the Service, Service, Auto Parts, Energy Services, and Communications Equipment sectors look weak according to Portfolio Grader.

With 83% of its stocks (71 out of 86) rated “sell,” the Metals and Mining sector is struggling this week. Among Metals and Mining stocks, Aluminum Corp. of China (NYSE:ACH), Alcoa (NYSE:AA), and Century Aluminum (NASDAQ:CENX) are lingering near the bottom with grades of F. Century Aluminum is performing worst in the sector, with a 42.5% drop over the past year. This is worse than the Nasdaq, which saw a 20.5% increase for the same period.

The Service sector is trailing behind others this week, with 67% of its stocks (14 out of 21) rated a “sell.” Out of the Service stocks, DeVry (NYSE:DV), ITT Educational Services (NYSE:ESI), and New Oriental Education & Technology Group (NYSE:EDU) are near the bottom with F’s. DeVry is performing worst overall in the sector, with a 55.9% decline over the last 12 months.

Auto Parts is lagging this week with 65% of its stocks (11 out of 17) rated a “sell.” Out of the Auto Parts stocks, Gentex (NASDAQ:GNTX) andJohnson Controls (NYSE:JCI) are near the bottom of the sector with D’s. Federal-Mogul (NASDAQ:FDML) also ranks a weak F. The worst performer in this sector is Federal-Mogul, which saw its price sink 41.3% in the last 12 months.

The Energy Services sector looks weak, with 58% of its stocks (28 out of 48) rated a “sell.” Tetra Technologies (NYSE:TTI), Key Energy Services (NYSE:KEG), and Basic Energy Services (NYSE:BAS) are dragging down the sector overall, each earning a low grade of F. Over the last 12 months, Basic Energy Services is the worst performer in this sector, with a 49.9% decline.

The Communications Equipment sector is dragging, with 56% of its stocks (19 out of 34) rated a “sell.” Acme Packet (NASDAQ:APKT), Research In Motion (NASDAQ:RIMM), and Polycom Inc. (NASDAQ:PLCM) are pushing the sector down with F grades. Acme Packet is the worst performer for the sector, having declined 69.8% over the last year.

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,

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