5 Worst Sectors to Avoid This Week

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For the week, the worst sectors according to Portfolio Grader are the energy services, marine, construction and engineering, electrical equipment and distributors sectors.

The energy services sector is lagging this week with 91% of its stocks (50 out of 55) rated a “sell”. Among energy services stocks, CARBO Ceramics (CRR), Tidewater (TDW) and Transocean (RIG) are lingering near the bottom with grades of F. The worst performer in this sector is CARBO Ceramics, which saw its price sink 67.5% in the last 12 months.

With 71% of its stocks (5 out of 7) rated “sell,” the marine sector is struggling this week. Among marine stocks, Seaspan Corporation (SSW) and Kirby Corporation (KEX) are struggling with grades of F. Diana Shipping (DSX) also has a low grade of D. Overall, Diana Shipping is the poorest performer in this sector. Its share price has dropped 9.9% in the last 12 months.

The construction and engineering sector looks weak, with 67% of its stocks (14 out of 21) rated a “sell”. With an overall grade of F, Empresas ICA SAB de CV Sponsored ADR (ICA), KBR, Inc. (KBR) and Jacobs Engineering Group (JEC) are weighing down the sector. Empresas ICA SAB de CV Sponsored ADR is the worst stock in its sector, with the company’s share price falling 27% in the last 12 months.

The electrical equipment sector is dragging, with 62% of its stocks (16 out of 26) rated a “sell”. General Cable Corporation (BGC), Graftech International Ltd (GTI) and Encore Wire Corporation (WIRE) are dragging down the sector overall, each earning a low grade of F. Graftech International Ltd is the worst performer in this sector, with a 60.4% decline in the last 12 months.

The distributors sector is trailing behind others this week, with 58% of its stocks (14 out of 24) rated a “sell”. Among distributors stocks, WESCO International, Inc. (WCC) and MRC Global Inc. (MRC) are struggling with grades of D. Beacon Roofing Supply, Inc. (BECN) also has a low grade of 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.


Article printed from InvestorPlace Media, https://investorplace.com/2015/05/5-worst-sectors-to-avoid-this-week-crr-tdw-rig-15/.

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