5 Best Sectors to Watch This Week

by Portfolio Grader | May 5, 2014 11:30 am

This week, commercial banking, aerospace and defense, biotechnology, auto parts and life science are the best sectors on the Portfolio Grader[1] database.

The commercial banking sector is thriving on Portfolio Grader this week, with 100% of its stocks (5 out of 5) currently rating a “buy”. Near the top of their sector, Pacific Capital Bancorp (PCBC[2]) and StellarOne Corporation (STEL[3]) have A ratings. Citizens Republic Bancorp (CRBC[4]) also gets a B.

With 74% of the sector’s stocks (31 out of 42) rating a “buy,” the aerospace and defense sector is one of the strongest. With overall grades of A, Alliant Techsystem (ATK[5]), Huntington Ingalls Industries, Inc. (HII[6]) and TASER International, Inc. (TASR[7]) are buoying the sector. Huntington Ingalls Industries, Inc. is the best performer in this sector, with a 224.2% increase in the last 12 months.

The biotechnology sector’s track record is proving one of the best with 71% of its stocks (60 out of 84) rating a “buy”. Gentium S.p.A. Sponsored ADR (GENT[8]), Repligen Corporation (RGEN[9]) and Insys Therapeutics, Inc. (INSY[10]) are all currently earning A’s. Over the last 12 months, Repligen Corporation is the best performer in this sector, with a 365.3% increase.

Auto parts is thriving this week with 71% of stocks in the sector (17 out of 24) currently rating a “buy”. Out of the auto parts stocks, Magna International (MGA[11]), Dorman Products, Inc. (DORM[12]) and Cooper-Standard Holdings Inc. (CPS[13]) are out front with A’s. The best performer in this sector is Magna International, which saw its price rise 212.1% in the last 12 months.

Life science is excelling, with 70% of stocks in the sector (16 out of 23) rating a “buy”. Among life science stocks, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX[14]), Covance (CVD[15]) and Illumina, Inc. (ILMN[16]) are leading the way with A’s. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR is performing the best overall in the sector, with a 220.9% increase from 12 months 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. PCBC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PCBC
  3. STEL: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=STEL
  4. CRBC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CRBC
  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. MGA: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MGA
  12. DORM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DORM
  13. CPS: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CPS
  14. WX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WX
  15. CVD: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVD
  16. ILMN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ILMN
  17. here: https://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: https://investorplace.com/2014/05/5-best-sectors-to-watch-this-week-gent-rgen-insy-wx-cvd-ilmn-pcbc-stel-crbc-mga-dorm-cps-atk-hii-tasr-8/