by Portfolio Grader | February 10, 2014 8:30 pm
This week, auto parts, consumer finance, e-commerce, biotechnology and life science are the best sectors on the Portfolio Grader database.
Auto parts is thriving this week with 72% of stocks in the sector (18 out of 25) currently rating a “buy”. Magna International (MGA), Lear Corporation (LEA) and Cooper-Standard Holdings Inc. (CPS) are lifting the sector overall, each earning a high grade of A. Over the last 12 months, Magna International is the best performer in this sector, with a 166.6% increase.
With 71% of the sector’s stocks (10 out of 14) rating a “buy,” the consumer finance sector is one of the strongest. With overall grades of B, NetSpend Holdings (NTSP), Portfolio Recovery Associates, Inc. (PRAA) and Discover Financial Services (DFS) are buoying the sector. Showing the most overall growth in its sector in the last 12 months, Discover Financial Services is the top stock, with a 129% increase.
E-commerce is excelling, with 68% of stocks in the sector (13 out of 19) rating a “buy”. Among e-commerce stocks, Liberty Interactive Corporation Ventures Series A (LVNTA), Vipshop Holdings Ltd. Sponsored ADR (VIPS) and Netflix, Inc. (NFLX) are leading the way with A’s. Vipshop Holdings Ltd. Sponsored ADR is the best performer in this sector, with a 1725.5% increase in the last 12 months.
The biotechnology sector’s track record is proving one of the best with 68% of its stocks (56 out of 82) rating a “buy”. Out of the biotechnology stocks, Ligand Pharmaceuticals Incorporated (LGND), Insys Therapeutics, Inc. (INSY) and Gentium S.p.A. Sponsored ADR (GENT) are out front with A’s. Insys Therapeutics, Inc. is the top stock in its sector, with a 444.8% increase from 12 months ago.
Life science stands out with 68% of the sector’s stocks (15 out of 22) rating a “buy”. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Affymetrix, Inc. (AFFX) and Thermo Fisher Scientific (TMO) are paving the way for the sector with A grades. The best performer in this sector is Wuxi PharmaTech (Cayman) Inc. Sponsored ADR, which saw its price rise 226.6% in the last 12 months.
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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