This week, the commercial banking, aerospace and defense, auto parts, life science and biotechnology sectors are gathering momentum on the Portfolio Grader database.
Commercial banking is thriving this week with 100% of stocks in the sector (5 out of 5) currently rating a “buy”. StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are lifting the sector overall, each earning a high score of B. Pacific Capital Bancorp (PCBC) currently ranks 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), Alliant Techsystem (ATK) and TASER International, Inc. (TASR) are all currently earning A’s. Huntington Ingalls Industries, Inc. is the top stock in its sector, with a 193.3% increase from 12 months ago.
Auto parts stands out with 71% of the sector’s stocks (17 out of 24) rating a “buy”. Dorman Products, Inc. (DORM), Magna International (MGA) and Cooper-Standard Holdings Inc. (CPS) are lifting the sector overall, each earning a high grade of A. Magna International is the best performer in this sector, with a 249.1% increase in the last 12 months.
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”. Out of the life science stocks, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Covance (CVD) and Illumina, Inc. (ILMN) are out front with A’s. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR is performing the best overall in the sector, with a 199.6% increase from 12 months ago.
The biotechnology sector is thriving on Portfolio Grader this week, with 68% of its stocks (62 out of 91) currently rating a “buy”. With overall grades of A, Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are buoying the sector. Over the last 12 months, Repligen Corporation is the best performer in this sector, with a 582.5% 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.
