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5 Worst Sectors to Avoid This Week

Computer and Personal Electronics, Energy Services, Oil and Gas, Metals and Mining, and Technology Equipment have most sells


This week, the Computer and Personal Electronics, Energy Services, Computer and Personal Electronics, Oil and Gas, and Technology Equipment sectors look weak according to Portfolio Grader.

With 78% of its stocks (74 out of 95) rated “sell,” the Metals and Mining sector is struggling this week. With an overall grade of F, Cliffs Natural Resources (NYSE:CLF), Walter Energy (NYSE:WLT), and Thompson Creek Metals Company Inc. (NYSE:TC) are weighing down the sector. Walter Energy is performing worst overall in the sector, with a 75.5% decline over the last 12 months.

The Energy Services sector is lagging this week with 61% of its stocks (34 out of 56) rated a “sell”. Out of the Energy Services stocks, Nuverra Environmental Solutions, Inc. (NYSE:NES), GulfMark Offshore, Inc. Class A (NYSE:GLF), and Key Energy Services, Inc. (NYSE:KEG) are near the bottom with F’s. The worst performer in this sector is Key Energy Services, Inc., which saw its price sink 46.2% in the last 12 months.

The Computer and Personal Electronics sector looks weak, with 60% of its stocks (12 out of 20) rated a “sell”. Diebold, Incorporated (NYSE:DBD), QLogic Corporation (NASDAQ:QLGC), and Hewlett-Packard Company (NYSE:HPQ) are pushing the sector down with F grades. Hewlett-Packard Company is the worst performer in this sector, with a 11.2% decline in the last 12 months.

The Oil and Gas sector is trailing behind others this week, with 59% of its stocks (124 out of 211) rated a “sell”. Among Oil and Gas stocks, Enerplus Corporation (NYSE:ERF), Swift Energy Company (NYSE:SFY), and Newfield Exploration Company (NYSE:NFX) are lingering near the bottom with grades of F. Swift Energy Company is the worst stock in its sector, with the company’s share price falling 57.4% in the last 12 months.

The Technology Equipment sector is dragging, with 56% of its stocks (31 out of 55) rated a “sell”. TTM Technologies, Inc. (NASDAQ:TTMI), FARO Technologies, Inc. (NASDAQ:FARO), and ScanSource, Inc. (NASDAQ:SCSC) are all currently earning F’s.

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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