Friday, January 6, 2012

6 Metal and Mining Stocks to Sell

Last year wasnt great for the major players in metals and mining. In 2012,
things arent looking up either. Take Alcoa (NYSE: AA ). It recently announced
cuts in its smelting operations and could report a Q4 loss. The downward tear
for these stocks continues, and I would advise against holding on them. 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 six metal and mining 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 (NYSE: AA )
mines, refines, smelts, fabricates and recycles aluminum and aluminum products.
AA stock is down nearly 43% in the last 12 months. It gets an "F" for
earnings momentum, an "F" for its ability to exceed the consensus earnings
estimates on Wall Street and an "F" for the magnitude in which earnings
projections have increased over the past month in my Portfolio Grader tool. For
more information, view my complete analysis of AA stock . ArcelorMittal (NYSE:
MT ) is a global steel producer based in Luxembourg. In the past year, MT stock
has dipped 49%, compared to a gain of 5% by the Dow Jones. MT gets an "F"
for earnings momentum, an "F" for its ability to exceed the consensus
earnings estimates on Wall Street and an "F" for the magnitude in which
earnings projections have increased over the past month in my Portfolio Grader
tool. For more information, view my complete analysis of MT stock .
Freeport-McMoRan Copper & Gold (NYSE: FCX ) mines copper, gold and molybdenum.
FCX is down 33% in the last year, compared to gains by the broader markets. FCX
gets a "D" for sales growth, a "D" for earnings growth, a "D" for
earnings momentum and an "F" for the magnitude in which earnings projections
have increased over the past month in my Portfolio Grader tool. For more
information, view my complete analysis of FCX stock . Kinross Gold (NYSE: KGC )
explores, acquires, develops and operates gold properties, as its name suggests.
During the last year, shareholders have watched KGC stock dip 33%. It gets a
"D" for operating margin growth, a "D" for earnings growth and a "D"
for the magnitude in which earnings projections have increased over the past
month in my Portfolio Grader tool. For more information, view my complete
analysis of KGC stock . Molycorp (NYSE: MCP ) is a rare earth oxidize producer
that has watched its stock dip an uninspiring 59% in the past 12 months. MCP
gets an "F" for its ability to exceed the consensus earnings estimates on
Wall Street in my Portfolio Grader tool. For more information, view my complete
analysis of MCP stock . NovaGold Resources (NYSE: NG ) explores and develops
mineral properties in Alaska and British Columbia. Since last January, NG is
down 33%, compared to gains by the broader markets. NG gets an "F" for sales
growth, a "D" for cash flow and an "F" for return on equity in my
Portfolio Grader tool. For more information, view my complete analysis of NG
stock . 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.

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...