Investors are stocking up on commodity stocks amid high inflation, with the
prospect of higher prices leading to higher profits. But not all commodity
stocks are created equal. A lot of industrial commodities such as iron, aluminum
and steel are seeing weak demand despite inflation pushing up prices. I watch
more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. And this week,
Ive got seven commodity stocks to sell. Here they are, in alphabetical order.
Each one of these stocks gets a "D" or "F" according to my research,
meaning it is a "sell" or "strong sell." Alcoa Inc. (NYSE: AA ) produces
and manages aluminum, fabricated aluminum and alumina. AA finds a spot on this
list after posting a loss of 35% year-to-date. ArcelorMittal (NYSE: MT ) is a
global steel producer that shipped approximately 85 million tons of steel in
2010. Despite such huge production, MT stock has dipped almost 50% year-to-date.
Freeport-McMoRan Copper & Gold (NYSE: FCX ) is involved with copper, gold and
molybdenum mining. Year-to-date, FCX stock has lost 33%, compared to gains by
the broader markets. Ivanhoe Mines Ltd. (NYSE: IVN ) is based in British
Columbia and is an international mineral explorer and developer. Since the start
of 2011, IVN stock has posted an uninspiring loss of 7%. Kinross Gold Corp.
(NYSE: KGC ) explores, acquires, develops and operates gold properties in the
U.S. Since Jan. 1, KGC stock has lost 29% and has left shareholders questioning
their initial purchase. POSCO (NYSE: PKX ) is based in South Korea and is a
producer of integrated steel. PKX is down 19% since the start of 2011. Vale
(NYSE: VALE ) is a metal and mining company headquartered in Brazil. VALE stock
is down 30% year-to-date, compared to a gain of almost 5% for the Dow Jones. Get
more analysis of these picks and other publicly traded stocks with Louis
Navellier's Portfolio Grader tool, a 100% free stock-rating tool that measures
both quantitative buying pressure and eight fundamental factors.
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