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5 Best Sectors to Watch This Week

biotechnology, life science, and commercial banking among the sectors with the most "buy" calls


The commercial banking, aerospace and defense, biotechnology, life science and auto parts sectors are having a strong week, according to Portfolio Grader.

The commercial banking sector is thriving on Portfolio Grader this week, with 100% of its stocks (5 out of 5) currently rating a “buy”. With a grade of B, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are buoying the sector. Pacific Capital Bancorp (PCBC) also ranks a solid A.

The aerospace and defense sector’s track record is proving one of the best with 74% of its stocks (31 out of 42) rating a “buy”. Among aerospace and defense stocks, Alliant Techsystem (ATK), Huntington Ingalls Industries, Inc. (HII) and TASER International, Inc. (TASR) are leading the way with A’s. Huntington Ingalls Industries, Inc. is the best performer in this sector, with a 221.3% increase in the last 12 months.

With 71% of the sector’s stocks (59 out of 83) rating a “buy,” the biotechnology sector is one of the strongest. Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are all currently earning A’s. Insys Therapeutics, Inc. is performing the best overall in the sector, with a 636.8% increase from 12 months ago.

Life science is excelling, with 70% of stocks in the sector (16 out of 23) rating a “buy”. Out of the life science stocks, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Covance (CVD) and Illumina, Inc. (ILMN) are out front with A’s. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR is the top stock in its sector, with a 243.1% increase from 12 months ago.

Auto parts stands out with 68% of the sector’s stocks (17 out of 25) rating a “buy”. With overall grades of A, Magna International (MGA), Dorman Products, Inc. (DORM) and Cooper-Standard Holdings Inc. (CPS) are buoying the sector. Magna International beats the other stocks in its sector, with a 199.1% increase from a year 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.

Article printed from InvestorPlace Media,

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