This week, commercial banking, aerospace and defense, life science, biotechnology and auto parts are the best sectors on the Portfolio Grader database.
Commercial banking stands out with 100% of the sector’s stocks (5 out of 5) rating a “buy”. Near the top of their sector, Pacific Capital Bancorp (PCBC) and StellarOne Corporation (STEL) have A ratings. Citizens Republic Bancorp (CRBC) also gets a B.
The aerospace and defense sector’s track record is proving one of the best with 74% of its stocks (31 out of 42) 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. Over the last 12 months, Huntington Ingalls Industries, Inc. is the best performer in this sector, with a 224.8% increase.
Life science is thriving this week with 71% of stocks in the sector (17 out of 24) currently rating a “buy”. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Covance (CVD) and Illumina, Inc. (ILMN) are all currently earning A’s. The best performer in this sector is Wuxi PharmaTech (Cayman) Inc. Sponsored ADR, which saw its price rise 242.2% in the last 12 months.
Biotechnology is excelling, with 71% of stocks in the sector (65 out of 92) rating a “buy”. Out of the biotechnology stocks, Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are out front with A’s. Repligen Corporation is the best performer in this sector, with a 504.5% increase in the last 12 months.
The auto parts sector is thriving on Portfolio Grader this week, with 68% of its stocks (17 out of 25) currently rating a “buy”. Magna International (MGA), Dorman Products, Inc. (DORM) and Cooper-Standard Holdings Inc. (CPS) are paving the way for the sector with A grades. Magna International is performing the best overall in the sector, with a 258.1% increase from 12 months ago.
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.