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 increased 10.9%, the Dow increased 13.2%, and the S&P has increased 12.1%.
Shares of Rubicon Minerals Corporation (AMEX:) have fallen 48% since January 1. Rubicon Minerals explores for gold deposits in the Red Lake gold camp of Canada, as well as Nevada and Alaska. .
Shares of Eldorado Gold Corporation (NYSE:) have slumped 48.8% since the first of the year. Eldorado Gold acquires, explores, and develops mineral properties. The stock’s trailing PE Ratio is 31.00. .
Shares of Molycorp, Inc. (NYSE:) have dipped 50.5% since the first of the year. Molycorp produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications. As of Nov. 14, 2013, 20.6% of outstanding Molycorp, Inc. shares were held short. .
The price of Mechel OAO Sponsored ADR (NYSE:) is down 53% since the first of the year. Mechel is a Russian metals and mining company, uniting producers of steel, rolled products, hardware, coal, iron ore concentrate, and nickel. .
Since the first of the year, the price of NovaGold Resources (AMEX:) is down 53.3%. NovaGold Resources explores and develops mineral properties in North America. .
Since January 1, NII Holdings, Inc. Class B (NASDAQ:) has fallen 56.8%. NII Holdings provides mobile communications for business customers in Latin America. As of Nov. 14, 2013, 34.6% of outstanding NII Holdings, Inc. Class B shares were held short. .
Best Bank Stocks To Buy Right Now
Since January 1, J. C. Penney Company, Inc. (NYSE:) has plunged 58.2%. J. C. Penney operates department stores in the United States and Puerto Rico. As of Nov. 14, 2013, 26% of outstanding J. C. Penney Company, Inc. shares were held short. .
Since the first of the year, IAMGOLD Corporation (NYSE:) has tumbled 58.9%. Iamgold is involved in the exploration for, and development and production of mineral resource properties throughout the world. .
The price of Harmony Gold Mining Co. Ltd. Sponsored ADR (NYSE:) has fallen 60.2% 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. .
Since the first of the year, Gold Fields Limited Sponsored ADR (NYSE:) has dipped 62.2%. Gold Fields is engaged in the mining, exploration, extraction, processing, and smelting of gold. .
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.
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