The commercial banking, aerospace and defense, biotechnology, life science and auto parts sectors are on the rise this week on the Portfolio Grader database.
The commercial banking sector’s track record is proving one of the best with 100% of its stocks (5 out of 5) rating a “buy”. Among commercial banking stocks, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are leading the way with grades of B. Pacific Capital Bancorp (PCBC) also has a top grade of A.
With 74% of the sector’s stocks (31 out of 42) rating a “buy,” the aerospace and defense sector is one of the strongest. 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. The best performer in this sector is Huntington Ingalls Industries, Inc., which saw its price jump up 212.2% in the last 12 months.
Biotechnology is thriving this week with 71% of stocks in the sector (60 out of 84) currently rating a “buy”. Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are paving the way for the sector with A grades. The best performer in this sector is Repligen Corporation, which saw its price rise 305.9% in the last 12 months.
The life science sector is thriving on Portfolio Grader this week, with 70% of its stocks (16 out of 23) currently 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 beats the other stocks in its sector, with a 224.7% increase from a year ago.
Auto parts stands out with 68% of the sector’s stocks (17 out of 25) rating a “buy”. Magna International (MGA), Dorman Products, Inc. (DORM) 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 204.7% 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.
