According to the Portfolio Grader database this week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Semiconductor sectors are at the bottom.
With 77% of its stocks (72 out of 93) rated “sell,” the Metals and Mining sector is struggling this week. Finishing near the bottom this week are Cliffs Natural Resources (NYSE:CLF), Walter Energy Inc. (NYSE:WLT), and Thompson Creek Metals (NYSE:TC) among the Metals and Mining stocks. Cliffs Natural Resources has a score of F while Walter Energy Inc. and Thompson Creek Metals rated F and F. Walter Energy Inc. is the worst performer in this sector, with a 70.9% decline in the last 12 months.
The Computer and Personal Electronics sector is lagging this week 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) lingered near the bottom. Diebold has a score of F while QLogic and Hewlett-Packard rated F and F. Overall, Hewlett-Packard is the poorest performer in this sector. Its share price has dropped 2.8% in the last 12 months.
The Energy Services sector is dragging, with 61% of its stocks (34 out of 56) rated a “sell”. Out of the Energy Services stocks, Gulfmark Offshore (NYSE:GLF), Key Energy Services (NYSE:KEG), and Nabors Industries (NYSE:
NBR) finished near the bottom. Gulfmark Offshore has a score of F while Key Energy Services and Nabors Industries rated F and F. The worst performer in this sector is Key Energy Services, which saw its price sink 51.7% in the last 12 months.
The Oil and Gas sector looks weak, with 60% of its stocks (122 out of 204) rated a “sell”. Among Oil and Gas stocks, Enerplus (NYSE:ERF), Swift Energy (NYSE:SFY), and Newfield Exploration (NYSE:NFX) finished near the bottom. Enerplus is currently rated F. Swift Energy and Newfield Exploration are rated F and F. Over the last 12 months, Swift Energy is the worst performer in this sector, with a 52% decline.
The Semiconductor sector is trailing behind others this week, with 57% of its stocks (47 out of 83) rated a “sell”. Dwelling near the bottom this week are Cypress Semiconductor (NASDAQ:CY), Atmel (NASDAQ:ATML), and Advanced Micro Devices (NYSE:AMD) among the Semiconductor stocks. Cypress Semiconductor has a score of F while Atmel and Advanced Micro Devices rated F and F. Advanced Micro Devices is the worst stock in its sector, with the company’s share price falling 17.7% 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.
