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5 Worst Sectors to Avoid This Week

energy services, water utilities, and reit among the sectors with the most "sell" calls

This week, the energy services, metals and mining, water utilities, energy services and infrastructure sectors look weak according to Portfolio Grader.

The reit sector is trailing behind others this week, with 75% of its stocks (126 out of 168) rated a “sell”. Among reit stocks, Hatteras Financial (HTS), DDR Corp. (DDR) and Health Care REIT, Inc. (HCN) are lingering near the bottom with grades of F. Over the last 12 months, Hatteras Financial is the worst performer in this sector, with a 29.3% decline.

The metals and mining sector is dragging, with 67% of its stocks (61 out of 91) rated a “sell”. Out of the metals and mining stocks, Newmont Mining Corporation (NEM), Gold Fields Limited Sponsored ADR (GFI) and Schnitzer Steel Industries, Inc. Class A (SCHN) are near the bottom with F’s. Gold Fields Limited Sponsored ADR is the worst stock in its sector, with the company’s share price falling 78.8% in the last 12 months.

With 67% of its stocks (4 out of 6) rated “sell,” the water utilities sector is struggling this week. Companhia de Saneamento Basico do Estado de Sao Paulo SABESP Sponsored ADR (SBS), SJW Corp. (SJW) and Aqua America, Inc. (WTR) are dragging down the sector overall, each earning a low grade of D. Over the last 12 months, Companhia de Saneamento Basico do Estado de Sao Paulo SABESP Sponsored ADR is the worst performer in this sector, with an 85.2% decline.

The energy services sector looks weak, with 61% of its stocks (39 out of 64) rated a “sell”. With an overall grade of F, McDermott International, Inc. (MDR), ION Geophysical Corporation (IO) and Frank’s International NV (FI) are weighing down the sector. McDermott International, Inc. is performing worst overall in the sector, with a 61% decline over the last 12 months.

The infrastructure sector is lagging this week with 60% of its stocks (3 out of 5) rated a “sell”. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC), Grupo Aeroportuario del Sureste SA de CV Sponsored ADR Class B (ASR) and Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are all currently earning D’s.

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.


Article printed from InvestorPlace Media, https://investorplace.com/2014/11/5-worst-sectors-to-avoid-this-week-mdr-io-fi/.

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