According to the Portfolio Grader database this week, the Metals and Mining, Computer and Personal Electronics, Oil and Gas, Energy Services, and Semiconductor sectors are at the bottom.
The Metals and Mining sector is dragging, with 77% of its stocks (72 out of 93) rated a “sell”. Finishing near the bottom this week are Cliffs Natural Resources (NYSE:CLF), Walter Energy Inc. (NYSE:WLT), and Thompson Creek Metals (NYSE:TC) among the Metals and Mining stocks. Cliffs Natural Resources has a score of F while Walter Energy Inc. and Thompson Creek Metals rated F and F. Walter Energy Inc. is the worst performer in this sector, with a 70.4% decline in the last 12 months.
With 62% of its stocks (13 out of 21) rated “sell,” the Computer and Personal Electronics sector is struggling this week. Out of the Computer and Personal Electronics stocks, Diebold (NYSE:DBD), QLogic (NASDAQ:QLGC), and Hewlett-Packard (NYSE:HPQ) finished near the bottom. Diebold has a score of F while QLogic and Hewlett-Packard rated F and F. Hewlett-Packard is the worst stock in its sector, with the company’s share price falling 17.9% in the last 12 months.
The Oil and Gas sector looks weak, with 61% of its stocks (124 out of 204) rated a “sell”. Among Oil and Gas stocks, Enerplus (NYSE:ERF), Swift Energy (NYSE:SFY), and Newfield Exploration (NYSE:
NFX) lingered near the bottom. Enerplus has a score of F while Swift Energy and Newfield Exploration rated F and F. Overall, Swift Energy is the poorest performer in this sector. Its share price has dropped 53.8% in the last 12 months.
The Energy Services sector is lagging this week with 60% of its stocks (33 out of 55) rated a “sell”. Dwelling near the bottom this week are Gulfmark Offshore (NYSE:GLF), Key Energy Services (NYSE:KEG), and Nabors Industries (NYSE:NBR) among the Energy Services stocks. Gulfmark Offshore has a score of F while Key Energy Services and Nabors Industries rated F and F. Over the last 12 months, Key Energy Services is the worst performer in this sector, with a 53.5% decline.
The Semiconductor sector is trailing behind others this week, with 57% of its stocks (47 out of 83) rated a “sell”. Among Semiconductor stocks, Cypress Semiconductor (NASDAQ:CY), Atmel (NASDAQ:ATML), and Advanced Micro Devices (NYSE:AMD) finished near the bottom. Cypress Semiconductor is currently rated F. Atmel and Advanced Micro Devices are rated F and F. The worst performer in this sector is Advanced Micro Devices, which saw its price sink 25.9% 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.
