This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader. Since the beginning of the year, the Nasdaq rose 10.9%, the Dow increased 13.2% and the S&P has increased 12.1%.
Shares of Molycorp, Inc. (MCP) have slumped 53.5% since January 1. Molycorp produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications. As of Dec. 19, 2013, 24.5% of outstanding Molycorp, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of MCP stock.
Since January 1, Eldorado Gold Corporation (EGO) has fallen 55.9%. Eldorado Gold acquires, explores, and develops mineral properties. The stock has a trailing PE Ratio of 26.80. For more information, get Portfolio Grader’s complete analysis of EGO stock.
The price of J. C. Penney Company, Inc. (JCP) is down 56.1% since the first of the year. J. C. Penney operates department stores in the United States and Puerto Rico. As of Dec. 19, 2013, 28.8% of outstanding J. C. Penney Company, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of JCP stock.
Since the first of the year, Endeavour Silver (EXK) has dipped 57.7%. Endeavor Silver is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. For more information, get Portfolio Grader’s complete analysis of EXK stock.
Since the first of the year, Walter Energy (WLT) has tumbled 57.9%. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of Dec. 19, 2013, 13.3% of outstanding Walter Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock.
Share prices of Mechel OAO Sponsored ADR (MTL) are down 66.7% since the first of the year. Mechel is a Russian metals and mining company, uniting producers of steel, rolled products, hardware, coal, iron ore concentrate, and nickel. For more information, get Portfolio Grader’s complete analysis of MTL stock.
Since January 1, IAMGOLD Corporation (IAG) has plunged 69.6%. Iamgold is involved in the exploration for, and development and production of mineral resource properties throughout the world. For more information, get Portfolio Grader’s complete analysis of IAG stock.
Since the first of the year, Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY) has dipped 69.9%. Harmony Gold Mining is a mining company that produces gold from its operations in the district of Virginia, Orange Free State. For more information, get Portfolio Grader’s complete analysis of HMY stock.
Shares of Gold Fields Limited Sponsored ADR (GFI) have sunk 71.4% since the first of the year. Gold Fields is engaged in the mining, exploration, extraction, processing, and smelting of gold. For more information, get Portfolio Grader’s complete analysis of GFI stock.
Since the first of the year, the price of NII Holdings, Inc. Class B (NIHD) is down 74.3%. NII Holdings provides mobile communications for business customers in Latin America. As of Dec. 19, 2013, 32.8% of outstanding NII Holdings, Inc. Class B shares were held short. For more information, get Portfolio Grader’s complete analysis of NIHD stock.
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.
