5 Best Sectors to Watch This Week

by Portfolio Grader | March 17, 2014 11:45 am

The commercial banking, aerospace and defense, biotechnology, life science and auto parts sectors are having a strong week, according to Portfolio Grader[1].

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[2]) and Citizens Republic Bancorp (CRBC[3]) are buoying the sector. Pacific Capital Bancorp (PCBC[4]) 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[5]), Huntington Ingalls Industries, Inc. (HII[6]) and TASER International, Inc. (TASR[7]) 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[8]), Repligen Corporation (RGEN[9]) and Insys Therapeutics, Inc. (INSY[10]) 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[11]), Covance (CVD[12]) and Illumina, Inc. (ILMN[13]) 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[14]), Dorman Products, Inc. (DORM[15]) and Cooper-Standard Holdings Inc. (CPS[16]) 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[1] 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[17].

Endnotes:

  1. Portfolio Grader: https://navelliergrowth.investorplace.com/portfolio-grader/
  2. STEL: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=STEL
  3. CRBC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CRBC
  4. PCBC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PCBC
  5. ATK: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ATK
  6. HII: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HII
  7. TASR: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TASR
  8. GENT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GENT
  9. RGEN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RGEN
  10. INSY: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=INSY
  11. WX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WX
  12. CVD: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVD
  13. ILMN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ILMN
  14. MGA: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MGA
  15. DORM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DORM
  16. CPS: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CPS
  17. here: https://navelliergrowth.investorplace.com/portfolio-grader/

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