According to the Portfolio Grader database this week, the metals and mining, energy services, computer and personal electronics, oil and gas and marine sectors are at the bottom.
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 (CLF), Walter Energy (WLT) and Thompson Creek Metals Company Inc. (TC) are near the bottom with F’s. Over the last 12 months, Walter Energy is the worst performer in this sector, with a 75.2% decline.
The energy services sector looks weak, with 61% of its stocks (34 out of 56) rated a “sell”. GulfMark Offshore, Inc. Class A (GLF), Key Energy Services, Inc. (KEG) and Nabors Industries (NBR) are all currently earning F’s. Key Energy Services, Inc. is the worst performer in this sector, with a 42.7% decline in the last 12 months.
The computer and personal electronics sector is dragging, with 60% of its stocks (12 out of 20) rated a “sell”. Diebold, Incorporated (DBD), QLogic Corporation (QLGC) and Hewlett-Packard Company (HPQ) are pushing the sector down with F grades.
The oil and gas sector is trailing behind others this week, with 58% of its stocks (124 out of 215) rated a “sell”. Among oil and gas stocks, Enerplus Corporation (ERF), Swift Energy Company (SFY) and Newfield Exploration Company (NFX) are lingering near the bottom with grades of F. The worst performer in this sector is Swift Energy Company, which saw its price sink 56.9% in the last 12 months.
The marine sector is lagging this week with 57% of its stocks (4 out of 7) rated a “sell”. Diana Shipping (DSX) and Navios Maritime Partners LP (NMM) are dragging down the sector overall, each earning a high score of D. DryShips (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.
