The e-commerce, biotechnology, auto parts, marine and aerospace and defense sectors are rising to the top this week on the Portfolio Grader database.
The e-commerce sector is thriving on Portfolio Grader this week, with 68% of its stocks (13 out of 19) currently rating a “buy”. Homeaway, Inc. (AWAY) and Overstock.com, Inc. (OSTK) are lifting the sector overall, each earning a high score of B. Vipshop Holdings Ltd. Sponsored ADR (VIPS) currently ranks A. The best performer in this sector is Vipshop Holdings Ltd. Sponsored ADR, which saw its price jump up 1653.5% in the last 12 months. This is better than the S&P 500, which has seen a 9.8% increase over the same period.
With 66% of the sector’s stocks (55 out of 83) rating a “buy,” the biotechnology sector is one of the strongest. Gentium S.p.A. Sponsored ADR (GENT), Ligand Pharmaceuticals Incorporated (LGND) and Insys Therapeutics, Inc. (INSY) are lifting the sector overall, each earning a high grade of A. Gentium S.p.A. Sponsored ADR is the best performer in this sector, with an 855.9% increase in the last 12 months.
Auto parts is thriving this week with 65% of stocks in the sector (17 out of 26) currently rating a “buy”. Among auto parts stocks, Magna International (MGA), Visteon Corporation (VC) and Drew Industries Incorporated (DW) are leading the way with A’s. Over the last 12 months, Magna International is the best performer in this sector, with a 168.4% increase.
Marine is excelling, with 64% of stocks in the sector (7 out of 11) rating a “buy”. With a grade of B, Danaos Corporation (DAC) and Navios Maritime Holdings (NM) are buoying the sector. Safe Bulkers, Inc. (SB) also ranks a solid A. The best performer in this sector is Navios Maritime Holdings, which saw its price rise 192.2% in the last 12 months.
The aerospace and defense sector is thriving on Portfolio Grader this week, with 62% of its stocks (26 out of 42) currently rating a “buy”. Out of the aerospace and defense stocks, Huntington Ingalls Industries, Inc. (HII), Alliant Techsystem (ATK) and The Boeing Company (BA) are out front with A’s. Huntington Ingalls Industries, Inc. is the top stock in its sector, with a 199.1% increase from 12 months ago.
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.