5 Best Sectors to Watch This Week

by Portfolio Grader | June 30, 2014 9:15 am

The commercial banking, aerospace and defense, auto parts, life science and biotechnology sectors are showing strength this week, according to Portfolio Grader[1].

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[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 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[5]), Alliant Techsystem (ATK[6]) and TASER International, Inc. (TASR[7]) 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[8]), Dorman Products, Inc. (DORM[9]) and Cooper-Standard Holdings Inc. (CPS[10]) 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[11]), Covance (CVD[12]) and Illumina, Inc. (ILMN[13]) 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[14]), Repligen Corporation (RGEN[15]) and Insys Therapeutics, Inc. (INSY[16]) 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[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. WX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WX
  12. CVD: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVD
  13. ILMN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ILMN
  14. GENT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GENT
  15. RGEN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RGEN
  16. INSY: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=INSY
  17. here: https://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: https://investorplace.com/2014/06/5-best-sectors-to-watch-this-week-gent-rgen-insy-4/