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.
The Metals and Mining sector is dragging, with 78% of its stocks (74 out of 95) rated a “sell”. 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. The worst performer in this sector is Walter Energy, which saw its price sink 71.1% in the last 12 months. This is worse than the S&P 500, which has seen a 18.2% increase over the same period.
The Energy Services sector looks weak, with 61% of its stocks (34 out of 56) rated a “sell”. GulfMark Offshore, Inc. Class A (NYSE:GLF), Key Energy Services, Inc. (NYSE:KEG), and Nabors Industries (NYSE:NBR) are pushing the sector down with F grades. Key Energy Services, Inc. is the worst stock in its sector, with the company’s share price falling 33.9% 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”. Among Computer and Personal Electronics stocks, Diebold, Incorporated (NYSE:DBD), QLogic Corporation (NASDAQ:QLGC), and Hewlett-Packard Company (NYSE:HPQ) are lingering near the bottom with grades of F.
With 58% of its stocks (122 out of 211) rated “sell,” the Oil and Gas sector is struggling this week. 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 50% in the last 12 months.
The Marine sector is trailing behind others this week, with 57% of its stocks (4 out of 7) rated a “sell”. Diana Shipping (NYSE:DSX) and Navios Maritime Partners LP (NYSE:NMM) are dragging down the sector overall, each earning a high score of D. DryShips (NASDAQ:DRYS) currently ranks 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.
