by Portfolio Grader | June 2, 2014 12:15 pm
This week, commercial banking, aerospace and defense, biotechnology, auto parts and life science are the best sectors on the Portfolio Grader database.
With 100% of the sector’s stocks (5 out of 5) rating a “buy,” the commercial banking sector is one of the strongest. 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.
The aerospace and defense sector is thriving on Portfolio Grader this week, with 74% of its stocks (31 out of 42) currently rating a “buy”. Huntington Ingalls Industries, Inc. (HII), Alliant Techsystem (ATK) and TASER International, Inc. (TASR) are lifting the sector overall, each earning a high grade of A. Huntington Ingalls Industries, Inc. is performing best overall in the sector, with a 213.5% increase over the last 12 months.
Biotechnology stands out with 71% of the sector’s stocks (62 out of 87) rating a “buy”. Among biotechnology stocks, Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are leading the way with A’s. Repligen Corporation beats the other stocks in its sector, with a 470.9% increase from a year ago.
Auto parts is thriving this week with 71% of stocks in the sector (17 out of 24) currently 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. Over the last 12 months, Magna International is the best performer in this sector, with a 222.8% increase.
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”. With overall grades of A, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Covance (CVD) and Illumina, Inc. (ILMN) are buoying the sector. The best performer in this sector is Wuxi PharmaTech (Cayman) Inc. Sponsored ADR, which saw its price rise 209.6% in the last 12 months.
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.
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