5 Best Sectors to Watch This Week

by Portfolio Grader | May 12, 2014 2:45 pm

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

With 100% of the sector’s stocks (5 out of 5) rating a “buy,” the commercial banking sector is one of the strongest. Within the commercial banking sector, Pacific Capital Bancorp (PCBC[2]) and StellarOne Corporation (STEL[3]) receive top marks of A’s. Citizens Republic Bancorp (CRBC[4]) is also getting a B.

Aerospace and defense is thriving this week with 74% of stocks in the sector (31 out of 42) currently 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 216.5% increase in the last 12 months.

Biotechnology stands out with 72% of the sector’s stocks (61 out of 85) rating a “buy”. Gentium S.p.A. Sponsored ADR (GENT[8]), Repligen Corporation (RGEN[9]) and Insys Therapeutics, Inc. (INSY[10]) are paving the way for the sector with A grades. Over the last 12 months, Repligen Corporation is the best performer in this sector, with a 413.1% increase.

Auto parts is excelling, with 71% of stocks in the sector (17 out of 24) rating a “buy”. Magna International (MGA[11]), Dorman Products, Inc. (DORM[12]) and Cooper-Standard Holdings Inc. (CPS[13]) are all currently earning A’s. Magna International beats the other stocks in its sector, with a 209.1% increase from a year ago.

The life science sector’s track record is proving one of the best with 67% of its stocks (16 out of 24) rating a “buy”. Out of the life science stocks, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX[14]), Covance (CVD[15]) and Illumina, Inc. (ILMN[16]) are out front with A’s. Showing the most overall growth in its sector in the last 12 months, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR is the top stock, with a 221.8% increase.

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/

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