5 Best Sectors to Watch This Week

by Portfolio Grader | June 24, 2014 1:00 pm

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

Commercial banking is thriving this week with 100% of stocks in the sector (5 out of 5) currently rating a “buy”. Among commercial banking stocks, StellarOne Corporation (STEL[2]) and Citizens Republic Bancorp (CRBC[3]) are leading the way with grades of B. Pacific Capital Bancorp (PCBC[4]) also has a top grade of A.

Aerospace and defense is excelling, with 74% of stocks in the sector (31 out of 42) rating a “buy”. Huntington Ingalls Industries, Inc. (HII[5]), Alliant Techsystem (ATK[6]) and TASER International, Inc. (TASR[7]) are all currently earning A’s. Huntington Ingalls Industries, Inc. beats the other stocks in its sector, with a 205.1% increase from a year ago.

The auto parts sector’s track record is proving one of the best with 71% of its stocks (17 out of 24) rating a “buy”. Among auto parts stocks, Magna International (MGA[8]), Dorman Products, Inc. (DORM[9]) and Cooper-Standard Holdings Inc. (CPS[10]) are leading the way with A’s. Magna International is the best performer in this sector, with a 241.6% increase in the last 12 months.

With 67% of the sector’s stocks (60 out of 89) rating a “buy,” the biotechnology sector is one of the strongest. With overall grades of A, Gentium S.p.A. Sponsored ADR (GENT[11]), Repligen Corporation (RGEN[12]) and Insys Therapeutics, Inc. (INSY[13]) 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 552.2% increase.

Life science stands out with 67% of the sector’s stocks (16 out of 24) rating a “buy”. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX[14]), Covance (CVD[15]) and Illumina, Inc. (ILMN[16]) are lifting the sector overall, each earning a high grade of A. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR is performing the best overall in the sector, with a 206.6% 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. STEL: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=STEL
  3. CRBC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CRBC
  4. PCBC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PCBC
  5. HII: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HII
  6. ATK: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ATK
  7. TASR: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TASR
  8. MGA: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MGA
  9. DORM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DORM
  10. CPS: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CPS
  11. GENT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GENT
  12. RGEN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RGEN
  13. INSY: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=INSY
  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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