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5 Best Sectors to Watch This Week

biotechnology, life science, and commercial banking among the sectors with the most "buy" calls


The commercial banking, aerospace and defense, auto parts, life science and biotechnology sectors are showing strength this week, according to Portfolio Grader.

Commercial banking stands out with 100% of the sector’s stocks (5 out of 5) rating a “buy”. Among commercial banking stocks, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are leading the way with grades of B. Pacific Capital Bancorp (PCBC) also has a top grade of A.

Aerospace and defense is thriving this week with 74% of stocks in the sector (31 out of 42) currently rating a “buy”. With overall grades of A, Huntington Ingalls Industries, Inc. (HII), Alliant Techsystem (ATK) and TASER International, Inc. (TASR) are buoying the sector. Huntington Ingalls Industries, Inc. is the best performer in this sector, with a 193.9% increase in the last 12 months.

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”. Out of the auto parts stocks, Magna International (MGA), Dorman Products, Inc. (DORM) and Cooper-Standard Holdings Inc. (CPS) are out front with A’s. Showing the most overall growth in its sector in the last 12 months, Magna International is the top stock, with a 242.1% increase.

The life science sector is thriving on Portfolio Grader this week, with 71% of its stocks (17 out of 24) currently rating a “buy”. Among life science stocks, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Covance (CVD) and Illumina, Inc. (ILMN) are leading the way with A’s. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR beats the other stocks in its sector, with a 201.1% increase from a year ago.

Biotechnology is excelling, with 69% of stocks in the sector (61 out of 89) rating a “buy”. Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are all currently earning A’s. Repligen Corporation is performing the best overall in the sector, with a 573.9% 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.

Article printed from InvestorPlace Media,

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