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 is up 10.9%, the Dow rose 13.2% and the S&P has risen 12.1%.
Since the first of the year, New Gold Inc. (NGD) has tumbled 55.2%. New Gold acquires, explores, and develops gold properties. For more information, get Portfolio Grader’s complete analysis of NGD stock.
Shares of Walter Energy (WLT) have fallen 55.6% since January 1. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of Dec. 11, 2013, 13.3% of outstanding Walter Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock.
Since the first of the year, Eldorado Gold Corporation (EGO) has dipped 55.9%. Eldorado Gold acquires, explores, and develops mineral properties. The stock’s trailing PE Ratio is 27.50. For more information, get Portfolio Grader’s complete analysis of EGO stock.
Since January 1, Endeavour Silver (EXK) has plunged 56.4%. 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.
Shares of J. C. Penney Company, Inc. (JCP) have slumped 58.7% since January 1. J. C. Penney operates department stores in the United States and Puerto Rico. As of Dec. 11, 2013, 30% of outstanding J. C. Penney Company, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of JCP stock.
The price of NII Holdings, Inc. Class B (NIHD) has fallen 64.9% since the first of the year. NII Holdings provides mobile communications for business customers in Latin America. As of Dec. 11, 2013, 33.4% of outstanding NII Holdings, Inc. Class B shares were held short. For more information, get Portfolio Grader’s complete analysis of NIHD stock.
Since the first of the year, IAMGOLD Corporation (IAG) has dipped 65.2%. 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.
The price of Mechel OAO Sponsored ADR (MTL) is 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.
Shares of Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY) have slipped 68.7% since January 1. 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.
Share prices of Gold Fields Limited Sponsored ADR (GFI) are down 69.7% 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.
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.
