5 Best Sectors to Watch This Week

by Portfolio Grader | August 11, 2014 2:00 pm

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

Commercial banking stands out with 100% of the sector’s stocks (5 out of 5) rating a “buy”. Within the commercial banking sector, Pacific Capital Bancorp (PCBC[2]) and StellarOne Corporation (STEL[3]) receive top marks of A’s. Citizens Republic Bancorp (CRBC[4]) is also getting a B.

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[5]), Alliant Techsystem (ATK[6]) and TASER International, Inc. (TASR[7]) are lifting the sector overall, each earning a high grade of A. Huntington Ingalls Industries, Inc. beats the other stocks in its sector, with a 192.6% increase from a year ago.

Life science is excelling, with 71% of stocks in the sector (17 out of 24) rating a “buy”. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX[8]), Covance (CVD[9]) and Illumina, Inc. (ILMN[10]) are paving the way for the sector with A grades. The best performer in this sector is Wuxi PharmaTech (Cayman) Inc. Sponsored ADR, which saw its price rise 201.2% in the last 12 months.

With 68% of the sector’s stocks (63 out of 92) rating a “buy,” the biotechnology sector is one of the strongest. Out of the biotechnology stocks, Gentium S.p.A. Sponsored ADR (GENT[11]), Repligen Corporation (RGEN[12]) and Insys Therapeutics, Inc. (INSY[13]) are out front with A’s. Over the last 12 months, Repligen Corporation is the best performer in this sector, with a 529.4% increase.

Auto parts stands out with 68% of the sector’s stocks (17 out of 25) rating a “buy”. Among auto parts stocks, Dorman Products, Inc. (DORM[14]), Magna International (MGA[15]) and Cooper-Standard Holdings Inc. (CPS[16]) are leading the way with A’s. Magna International is the best performer in this sector, with a 231.7% increase in the last 12 months.

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. PCBC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PCBC
  3. STEL: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=STEL
  4. CRBC: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CRBC
  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. WX: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WX
  9. CVD: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVD
  10. ILMN: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ILMN
  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. DORM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DORM
  15. MGA: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MGA
  16. CPS: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CPS
  17. here: https://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: https://investorplace.com/2014/08/5-best-sectors-to-watch-this-week-gent-rgen-insy-10/