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5 Best Sectors to Watch This Week

Leisure Goods, Water Utilities, Diversified Utilities, Tobacco, and Electric Utilities have most buys

   

The Tobacco, Diversified Utilities, Leisure Goods, Water Utilities, and Electric Utilities sectors are on the rise this week on the Portfolio Grader database.

Tobacco is thriving this week with 88% of stocks in the sector (7 out of 8) currently rating a “buy.” Altria (NYSE:MO), Universal Corp. (NYSE:UVV), and Philip Morris International (NYSE:PM) are paving the way for the sector with A grades. Altria is the best performer in this sector, with a 38.7% increase in the last 12 months. This is better than the S&P 500, which has seen a 16.6% increase for the same period.

The Diversified Utilities sector is thriving on Portfolio Grader this week, with 87% of its stocks (20 out of 23) currently rating a “buy.” With overall grades of A, CH Energy (NYSE:CHG), Sempra Energy (NYSE:SRE), and Wisconsin Energy (NYSE:WEC) are buoying the sector. Sempra Energy is the best performer in this sector, with a 44.8% increase in the last 12 months.

Leisure Goods stands out with 86% of the sector’s stocks (6 out of 7) rating a “buy.” Among Leisure Goods stocks, Smith & Wesson (NASDAQ:SWHC), Sturm Ruger (NYSE:RGR), and LeapFrog (NYSE:LF) are leading the way with A’s. Smith & Wesson bests the other stocks in its sector, with a 221.1% increase from a year ago.

With 80% of the sector’s stocks (4 out of 5) rating a “buy,” the Water Utilities sector is one of the strongest. Out of the Water Utilities stocks, American States Water (NYSE:AWR), American Water Works (NYSE:AWK), and Aqua America (NYSE:WTR) are out front with A’s. Showing the most overall growth in its sector in the last 12 months, American Water Works is the top stock, with a 37.3% increase.

The Electric Utilities sector’s track record is proving one of the best with 74% of its stocks (28 out of 38) rating a “buy.” NextEra Energy (NYSE:NEE), FirstEnergy (NYSE:FE), and Hawaiian Electric Industries (NYSE:HE) are lifting the sector overall, each earning a high grade of A. Over the last 12 months, NextEra Energy is the best performer in this sector, with a 34.2% increase.

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.


Article printed from InvestorPlace Media, http://investorplace.com/2012/08/5-best-sectors-to-watch-this-week-swhc-rgr-lf-2/.

©2014 InvestorPlace Media, LLC

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