The aerospace and defense, biotechnology, life science, auto parts and e-commerce sectors are having a strong week, according to Portfolio Grader.
The aerospace and defense sector is thriving on Portfolio Grader this week, with 74% of its stocks (31 out of 42) currently rating a “buy”. Alliant Techsystem (ATK), Huntington Ingalls Industries, Inc. (HII) and TASER International, Inc. (TASR) are all currently earning A’s. Huntington Ingalls Industries, Inc. beats the other stocks in its sector, with a 228.2% increase from a year ago.
Biotechnology stands out with 71% of the sector’s stocks (60 out of 84) rating a “buy”. Among biotechnology stocks, Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are leading the way with A’s. Insys Therapeutics, Inc. is the best performer in this sector, with a 308.6% increase in the last 12 months.
Life science is excelling, with 70% of stocks in the sector (16 out of 23) rating a “buy”. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Covance (CVD) and Illumina, Inc. (ILMN) are paving the way for the sector with A grades. Over the last 12 months, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR is the best performer in this sector, with a 245.1% increase.
Auto parts is thriving this week with 68% of stocks in the sector (17 out of 25) currently 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. Magna International is performing the best overall in the sector, with a 210.7% increase from 12 months ago.
With 65% of the sector’s stocks (11 out of 17) rating a “buy,” the e-commerce sector is one of the strongest. With overall grades of A, priceline.com Incorporated (PCLN), Liberty Interactive Corporation Ventures Series A (LVNTA) and Vipshop Holdings Ltd. Sponsored ADR (VIPS) are buoying the sector. Vipshop Holdings Ltd. Sponsored ADR is the top stock in its sector, with a 2546.2% 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.
