On the Portfolio Grader database this week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Semiconductor sectors are among the worst.
The Metals and Mining sector is lagging this week with 77% of its stocks (72 out of 93) rated a “sell”. Cliffs Natural Resources (NYSE:CLF), Walter Energy Inc. (NYSE:WLT), and Thompson Creek Metals (NYSE:TC) are all currently earning F’s. Cliffs Natural Resources is the worst stock in its sector, with the company’s share price falling 67.8% in the last 12 months. This is worse than the S&P 500, which has seen a 13.3% increase over the same period.
The Computer and Personal Electronics sector is dragging, with 62% of its stocks (13 out of 21) rated a “sell”. Among Computer and Personal Electronics stocks, Diebold (NYSE:DBD), QLogic (NASDAQ:QLGC), and Hewlett-Packard (NYSE:HPQ) are lingering near the bottom with grades of F. Hewlett-Packard is performing worst overall in the sector, with a 16.8% decline over the last 12 months.
The Energy Services sector is trailing behind others this week, with 60% of its stocks (33 out of 55) rated a “sell”. Out of the Energy Services stocks, Gulfmark Offshore (NYSE:GLF), Key Energy Services (NYSE:KEG
), and Nabors Industries (NYSE:NBR) are near the bottom with F’s. Key Energy Services is the worst performer in this sector, with a 44.2% decline in the last 12 months.
With 60% of its stocks (121 out of 202) rated “sell,” the Oil and Gas sector is struggling this week. Enerplus (NYSE:ERF), Swift Energy (NYSE:SFY), and Newfield Exploration (NYSE:NFX) are dragging down the sector overall, each earning a low grade of F. Over the last 12 months, Swift Energy is the worst performer in this sector, with a 47.6% decline.
The Semiconductor sector looks weak, with 57% of its stocks (47 out of 83) rated a “sell”. Out of the Semiconductor stocks, Cypress Semiconductor (NASDAQ:CY), Atmel (NASDAQ:ATML), and Advanced Micro Devices (NYSE:AMD) finished near the bottom. The worst performer in this sector is Advanced Micro Devices, which saw its price sink 49% 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.
