This week, the energy services, marine, construction and engineering, electrical equipment and metals and mining sectors rank lowest on the Portfolio Grader database.
With 91% of its stocks (50 out of 55) rated “sell,” the energy services sector is struggling this week. CARBO Ceramics (CRR), Tidewater (TDW) and Transocean (RIG) are pushing the sector down with F grades. CARBO Ceramics is performing worst overall in the sector, with a 68.2% decline over the last 12 months.
The marine sector is lagging this week with 75% of its stocks (6 out of 8) rated a “sell”. With an overall grade of F, Golden Ocean Group Ltd (GOGL), Seaspan Corporation (SSW) and Kirby Corporation (KEX) are weighing down the sector.
The construction and engineering sector is trailing behind others 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 all currently earning F’s. The worst performer in this sector is Empresas ICA SAB de CV Sponsored ADR, which saw its price sink 37.1% in the last 12 months.
The electrical equipment sector is dragging, with 59% of its stocks (16 out of 27) rated a “sell”. Among electrical equipment stocks, General Cable Corporation (BGC), GrafTech International Ltd (GTI) and Encore Wire Corporation (WIRE) are lingering near the bottom with grades of F. Over the last 12 months, GrafTech International Ltd is the worst performer in this sector, with a 61.2% decline.
The metals and mining sector looks weak, with 57% of its stocks (50 out of 87) rated a “sell”. Out of the metals and mining stocks, Vale S.A. Sponsored ADR (VALE), Companhia Siderurgica Nacional Sponsored ADR (SID) and Freeport-McMoRan, Inc. (FCX) are near the bottom with F’s. Companhia Siderurgica Nacional Sponsored ADR is the worst performer in this sector, with a 78.1% decline in 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.