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5 Worst Sectors to Avoid This Week

Computer and Personal Electronics, Technology Equipment, Metals and Mining, Semiconductor, and Communications Equipment have most sells


This week, the Metals and Mining, Technology Equipment, Communications Equipment, Semiconductor, and Computer and Personal Electronics sectors rank lowest on the Portfolio Grader database.

The Metals and Mining sector is trailing behind others this week, with 76% of its stocks (70 out of 92) rated a “sell”. ArcelorMittal (NYSE:MT), Thompson Creek Metals (NYSE:TC), and Walter Energy Inc. (NYSE:WLT) are pushing the sector down with F grades.

The Technology Equipment sector is lagging this week with 63% of its stocks (33 out of 52) rated a “sell”. Out of the Technology Equipment stocks, TTM Technologies (NASDAQ:TTMI), Universal Display (NASDAQ:PANL), and AVX (NYSE:AVX) are near the bottom with F’s.

The Communications Equipment sector looks weak, with 60% of its stocks (21 out of 35) rated a “sell”. With an overall grade of F, Adtran (NASDAQ:ADTN), ViaSat Inc. (NASDAQ:VSAT), and Polycom Inc. (NASDAQ:PLCM) are weighing down the sector.

With 59% of its stocks (47 out of 80) rated “sell,” the Semiconductor sector is struggling this week. Cypress Semiconductor (NASDAQ:CY), Advanced Micro Devices (NYSE:AMD), and Lattice Semiconductor (NASDAQ:LSCC) are all currently earning F’s.

The Computer and Personal Electronics sector is dragging, with 57% of its stocks (12 out of 21) rated a “sell”. Hewlett-Packard (NYSE:HPQ), QLogic (NASDAQ:QLGC), and Super Micro Computer (NASDAQ:SMCI) are dragging down the sector overall, each earning a low grade of 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.

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