On the Portfolio Grader database this week, the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Marine sectors are among the worst.
The Metals and Mining sector looks weak, with 78% of its stocks (73 out of 93) rated a “sell”. Among Metals and Mining stocks, Cliffs Natural Resources (NYSE:CLF), Walter Energy Inc. (NYSE:WLT), and Thompson Creek Metals (NYSE:TC) are lingering near the bottom with grades of F. Over the last 12 months, Walter Energy Inc. is the worst performer in this sector, with an 82.5% decline.
The Computer and Personal Electronics sector is dragging, with 62% of its stocks (13 out of 21) rated a “sell”. Out of the Computer and Personal Electronics stocks, Diebold (NYSE:DBD), QLogic (NASDAQ:QLGC), and Hewlett-Packard (NYSE:HPQ) are near the bottom with F’s.
With 61% of its stocks (34 out of 56) rated “sell,” the Energy Services sector is struggling this week. Gulfmark Offshore (NYSE:GLF), Key Energy Services (NYSE:KEG), and Nabors Industries (NYSE:NBR) are pushing the sector down with F grades. The worst performer in this sector is Key Energy Services, which saw its price sink 52.8% in the last 12 months.
The Oil and Gas sector is lagging this week with 59% of its stocks (122 out of 206) rated a “sell”. Enerplus (NYSE:ERF), Swift Energy (NYSE:SFY), and Newfield Exploration (NYSE:NFX) are all currently earning F’s. Overall, Swift Energy is the poorest performer in this sector. Its share price has dropped 57.2% in the last 12 months.
The Marine sector is trailing behind others this week, with 57% of its stocks (4 out of 7) rated a “sell”. With a grade of D, Diana Shipping (NYSE:DSX) and Navios Maritime Partners (NYSE:NMM) are weighing down the sector. DryShips (NASDAQ:DRYS) also ranks a low 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.
