This week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Technology Equipment sectors rank lowest on the Portfolio Grader database.
The Metals and Mining sector is dragging, with 77% of its stocks (72 out of 93) rated a “sell”. Dwelling 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. Overall, Walter Energy Inc. is the poorest performer in this sector. Its share price has dropped 82.3% in the last 12 months.
With 62% of its stocks (13 out of 21) rated “sell,” the Computer and Personal Electronics sector is struggling this week. Out of the Computer and Personal Electronics stocks, Diebold (NYSE:DBD), QLogic (NASDAQ:QLGC), and Hewlett-Packard (NYSE:HPQ) finished near the bottom. Diebold has a score of F while QLogic and Hewlett-Packard rated F and F. Hewlett-Packard is the worst performer in this sector, with a 1.3% decline in the last 12 months.
The Energy Services sector is trailing behind others this week, with 61% of its stocks (34 out of 56) rated a “sell”. Among Energy Services stocks, Gulfmark Offshore (NYSE:GLF), Key Energy Services (NYSE:KEG), and Nabors Industries (NYSE:
NBR) lingered near the bottom. Gulfmark Offshore has a score of F while Key Energy Services and Nabors Industries rated F and F. Over the last 12 months, Key Energy Services is the worst performer in this sector, with a 55.7% decline.
The Oil and Gas sector is lagging this week with 60% of its stocks (122 out of 205) 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. Swift Energy is performing worst overall in the sector, with a 57.5% decline over the last 12 months.
The Technology Equipment sector looks weak, with 57% of its stocks (31 out of 54) rated a “sell”. Finishing near the bottom this week are TTM Technologies (NASDAQ:TTMI), FARO Technologies (NASDAQ:FARO), and ScanSource (NASDAQ:SCSC) among the Technology Equipment stocks. TTM Technologies has a score of F while FARO Technologies and ScanSource rated F and 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.
