This week, these ten stocks have the worst year-to-date performance. Each of these also rates an “F” (“strong sell”) on Portfolio Grader. Since the beginning of the year, the Nasdaq rose 10.9%, the Dow increased 13.2%, and the S&P has increased 12.1%.
Shares of NovaGold Resources (AMEX:NG) have slipped 40% since January 1. NovaGold Resources explores and develops mineral properties in North America. For more information, get Portfolio Grader’s complete analysis of NG stock.
Shares of Rubicon Minerals Corporation (AMEX:RBY) have sunk 40% since the first of the year. Rubicon Minerals explores for gold deposits in the Red Lake gold camp of Canada, as well as Nevada and Alaska. For more information, get Portfolio Grader’s complete analysis of RBY stock.
The price of Intrepid Potash, Inc. (NYSE:IPI) has fallen 40.4% since the first of the year. Intrepid Potash mines and markets potash for use as a fertilizer. As of Sept. 5, 2013, 15.7% of outstanding Intrepid Potash, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of IPI stock.
Since the first of the year, Cliffs Natural Resources (NYSE:CLF) has dipped 41%. Cliffs Natural Resources is an international mining and natural resources company. As of Sept. 5, 2013, 34% of outstanding Cliffs Natural Resources shares were held short. For more information, get Portfolio Grader’s complete analysis of CLF stock.
Shares of Barrick Gold Corporation (NYSE:ABX) have slumped 42.5% since January 1. Barrick Gold makes and sells gold, and is involved with related activities such as exploration and mine development. For more information, get Portfolio Grader’s complete analysis of ABX stock.
Since the first of the year, IAMGOLD Corporation (NYSE:IAG) has dipped 46.4%. Iamgold is involved in the exploration for, and development and production of mineral resource properties throughout the world. For more information, get Portfolio Grader’s complete analysis of IAG stock.
Since the first of the year, the price of Mechel OAO Sponsored ADR (NYSE:MTL) is down 56.1%. Mechel is a Russian metals and mining company, uniting producers of steel, rolled products, hardware, coal, iron ore concentrate, and nickel. For more information, get Portfolio Grader’s complete analysis of MTL stock.
Shares of Gold Fields Limited Sponsored ADR (NYSE:GFI) have fallen 56.3% since January 1. Gold Fields is engaged in the mining, exploration, extraction, processing, and smelting of gold. For more information, get Portfolio Grader’s complete analysis of GFI stock.
The price of Harmony Gold Mining Co. Ltd. Sponsored ADR (NYSE:HMY) is down 56.6% since the first of the year. Harmony Gold Mining is a mining company which produces gold from its operations in the district of Virginia, Orange Free State. For more information, get Portfolio Grader’s complete analysis of HMY stock.
Shares of Walter Energy (NYSE:WLT) have dipped 62.3% since the first of the year. Walter Energy is a producer and exporter of metallurgical coal for the global steel industry. As of Sept. 5, 2013, 13.3% of outstanding Walter Energy shares were held short. For more information, get Portfolio Grader’s complete analysis of WLT stock.
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.
