On the Portfolio Grader database this week, the energy services, marine, construction and engineering, electrical equipment and metals and mining sectors are among the worst.
The energy services sector looks weak, with 91% of its stocks (50 out of 55) rated a “sell”. CARBO Ceramics (CRR), Tidewater (TDW) and Transocean (RIG) are dragging down the sector overall, each earning a low grade of F. CARBO Ceramics is the worst stock in its sector, with the company’s share price falling 64.7% in the last 12 months.
The marine sector is dragging, with 75% of its stocks (6 out of 8) rated a “sell”. Among marine stocks, Golden Ocean Group Ltd (GOGL), Seaspan Corporation (SSW) and Kirby Corporation (KEX) are lingering near the bottom with grades of F.
The construction and engineering sector is lagging this week with 67% of its stocks (14 out of 21) rated a “sell”. Empresas ICA SAB de CV Sponsored ADR (ICA), KBR, Inc. (KBR) and Jacobs Engineering Group (JEC) are dragging down the sector overall, each earning a low grade of F. Over the last 12 months, Empresas ICA SAB de CV Sponsored ADR is the worst performer in this sector, with a 33.7% decline.
The electrical equipment sector is trailing behind others this week, 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 pushing the sector down with F grades. GrafTech International Ltd is the worst performer in this sector, with a 60.2% decline in the last 12 months.
With 57% of its stocks (50 out of 87) rated “sell,” the metals and mining sector is struggling this week. Vale S.A. Sponsored ADR (VALE), Companhia Siderurgica Nacional Sponsored ADR (SID) and Freeport-McMoRan, Inc. (FCX) are all currently earning F’s. Companhia Siderurgica Nacional Sponsored ADR is performing worst overall in the sector, with a 75.6% decline over the last 12 months.
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.
