5 Worst Sectors to Avoid This Week

Shipping and Logistics, Communications Equipment, Marine, Metals and Mining, and Semiconductor have most sells

By Portfolio Grader


This week, the Semiconductor, Metals and Mining, Communications Equipment, Marine, and Shipping and Logistics sectors rank lowest on the Portfolio Grader database.

The Semiconductor sector looks weak, with 78% of its stocks (61 out of 78) rated a “sell.” Among Semiconductor stocks, International Rectifier (NYSE:IRF), Intersil (NASDAQ:ISIL), and Advanced Micro Devices (NYSE:AMD) are lingering near the bottom with grades of F. Intersil is performing worst overall in the sector, with a 34.7% decline over the last 12 months. This is worse than the Nasdaq’s 25.5% increase over the same period.

The Metals and Mining sector is dragging, with 72% of its stocks (64 out of 89) rated a “sell.” Mechel (NYSE:MTL), Century Aluminum (NASDAQ:CENX), and Companhia Siderurgica Naciona (NYSE:SID) are all currently earning F’s. Overall, Mechel is the poorest performer in this sector. Its share price has dropped 30.1% in the last 12 months.

The Communications Equipment sector is trailing behind others this week, with 71% of its stocks (24 out of 34) rated a “sell.” Acme Packet (NASDAQ:APKT), Nokia (NYSE:NOK), and Alcatel-Lucent (NYSE:ALU) are dragging down the sector overall, each earning a low grade of F. Alcatel-Lucent is the worst performer in this sector, with a 61% decline in the last 12 months.

Marine is lagging this week with 63% of its stocks (5 out of 8) rated a “sell.” DryShips (NASDAQ:DRYS), Diana Shipping (NYSE:DSX), and Navios Maritime Partners (NYSE:NMM) are pushing the sector down with D grades. Over the last 12 months, Diana Shipping is the worst performer in this sector, with a 5.8% decline.

With 63% of its stocks (5 out of 8) rated “sell,” the Shipping and Logistics sector is struggling this week. Among Shipping and Logistics stocks, UTi Worldwide (NASDAQ:UTIW) andHub Group (NASDAQ:HUBG) are struggling with grades of D. Expeditors International of Washington (NASDAQ:EXPD) also has a low grade of F. Expeditors International of Washington declined 17.4%, making it the worst performer in the sector 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, https://investorplace.com/2012/10/5-worst-sectors-to-avoid-this-week-expd-utiw-hubg/.

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