5 Worst Sectors to Avoid This Week

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According to the Portfolio Grader database this week, the reit, metals and mining, water utilities, independent power and renewable electricity producers and energy services sectors are at the bottom.

The reit sector is dragging, with 80% of its stocks (124 out of 155) rated a “sell”. Hatteras Financial (), DDR Corp. () and Health Care REIT, Inc. () are pushing the sector down with F grades. The worst performer in this sector is Hatteras Financial, which saw its price sink 26.9% in the last 12 months.

The metals and mining sector is trailing behind others this week, with 67% of its stocks (61 out of 91) rated a “sell”. Newmont Mining Corporation (), Gold Fields Limited Sponsored ADR () and Schnitzer Steel Industries, Inc. Class A () are dragging down the sector overall, each earning a low grade of F. Over the last 12 months, Gold Fields Limited Sponsored ADR is the worst performer in this sector, with a 71.3% decline.

The water utilities sector looks weak, with 67% of its stocks (4 out of 6) rated a “sell”. With an overall grade of D, Companhia de Saneamento Basico do Estado de Sao Paulo SABESP Sponsored ADR (), SJW Corp. () and Aqua America, Inc. () are weighing down the sector. Companhia de Saneamento Basico do Estado de Sao Paulo SABESP Sponsored ADR is performing worst overall in the sector, with an 81.9% decline over the last 12 months.

The independent power and renewable electricity producers sector is lagging this week with 67% of its stocks (6 out of 9) rated a “sell”. Among independent power and renewable electricity producers stocks, TransAlta Corporation (), Empresa Nacional de Electricidad S.A. Sponsored ADR () and Calpine Corporation () are lingering near the bottom with grades of F. The worst performer in this sector is TransAlta Corporation, which saw its price sink 39.4% in the last 12 months.

With 60% of its stocks (38 out of 63) rated “sell,” the energy services sector is struggling this week. Out of the energy services stocks, McDermott International, Inc. (), ION Geophysical Corporation () and Tidewater () are near the bottom with F’s. McDermott International, Inc. is the worst stock in its sector, with the company’s share price falling 29.1% 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.