This week, the Computer and Personal Electronics, Energy Services, Computer and Personal Electronics, Oil and Gas, and Marine 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. Out of the Metals and Mining stocks, Cliffs Natural Resources (NYSE:CLF), Walter Energy (NYSE:WLT), and Thompson Creek Metals Company Inc. (NYSE:TC) are near the bottom with F’s. Over the last 12 months, Walter Energy is the worst performer in this sector, with a 74.6% decline.
The Energy Services sector is trailing behind others this week, with 61% of its stocks (34 out of 56) rated a “sell”. Nuverra Environmental Solutions, Inc. (NYSE:NES), GulfMark Offshore, Inc. Class A (NYSE:GLF), and Key Energy Services, Inc. (NYSE:KEG) are all currently earning F’s. The worst performer in this sector is Key Energy Services, Inc., which saw its price sink 44.5% in the last 12 months.
The Computer and Personal Electronics sector is lagging this week 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 15.4% decline in the last 12 months.
The Oil and Gas sector looks weak, with 59% of its stocks (123 out of 208) rated a “sell”. Enerplus Corporation (NYSE:ERF), Swift Energy Company (NYSE:SFY), and Newfield Exploration Company (NYSE:NFX) are dragging down the sector overall, each earning a low grade of F. Overall, Swift Energy Company is the poorest performer in this sector. Its share price has dropped 56.4% in the last 12 months.
The Marine sector is dragging, with 57% of its stocks (4 out of 7) rated a “sell”. With a grade of D, Diana Shipping (NYSE:DSX) and Navios Maritime Partners LP (NYSE:NMM) are weighing down the sector. DryShips (NASDAQ:DRYS) also ranks a low 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.
