The commercial banking, aerospace and defense, auto parts, life science and biotechnology sectors are on the rise this week on the Portfolio Grader database.
Commercial banking stands out with 100% of the sector’s stocks (5 out of 5) rating a “buy”. Out of the commercial banking stocks, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are out front with B’s. Pacific Capital Bancorp (PCBC) also ranks a solid A.
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, Huntington Ingalls Industries, Inc. (HII), Alliant Techsystem (ATK) and TASER International, Inc. (TASR) are leading the way with A’s. Huntington Ingalls Industries, Inc. is the best performer in this sector, with a 217.6% increase in the last 12 months.
The auto parts sector is thriving on Portfolio Grader this week, with 71% of its stocks (17 out of 24) currently rating a “buy”. Magna International (MGA), Dorman Products, Inc. (DORM) and Cooper-Standard Holdings Inc. (CPS) are all currently earning A’s. Magna International is performing the best overall in the sector, with a 234.6% increase from 12 months ago.
The life science sector’s track record is proving one of the best with 71% of its stocks (17 out of 24) 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 214.1% increase.
With 68% of the sector’s stocks (59 out of 87) rating a “buy,” the biotechnology sector is one of the strongest. With overall grades of A, Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are buoying the sector. Showing the most overall growth in its sector in the last 12 months, Repligen Corporation is the top stock, with a 507.7% 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.
