by Portfolio Grader | August 18, 2014 12:00 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.
The commercial banking sector’s track record is proving one of the best with 100% of its 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.
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”. Out of the aerospace and defense stocks, Huntington Ingalls Industries, Inc. (HII[5]), Alliant Techsystem (ATK[6]) and TASER International, Inc. (TASR[7]) are out front with A’s. Huntington Ingalls Industries, Inc. is the top stock in its sector, with a 214.7% increase from 12 months ago.
With 71% of the sector’s stocks (17 out of 24) rating a “buy,” the life science sector is one of the strongest. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX[8]), Covance (CVD[9]) and Illumina, Inc. (ILMN[10]) are lifting the sector overall, each earning a high grade of A. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR beats the other stocks in its sector, with a 226.3% increase from a year ago.
Biotechnology is thriving this week with 68% of stocks in the sector (63 out of 92) currently rating a “buy”. With overall grades of A, Gentium S.p.A. Sponsored ADR (GENT[11]), Repligen Corporation (RGEN[12]) and Insys Therapeutics, Inc. (INSY[13]) are buoying the sector. The best performer in this sector is Repligen Corporation, which saw its price rise 469.1% in the last 12 months.
Auto parts is excelling, with 68% of stocks in the sector (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 top stock in its sector, with a 254.6% 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].
Source URL: https://investorplace.com/2014/08/5-best-sectors-to-watch-this-week-gent-rgen-insy-11/
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