The commercial banking, aerospace and defense, life science, biotechnology and auto parts sectors are on the rise this week on the Portfolio Grader 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) and Citizens Republic Bancorp (CRBC) are leading the way with grades of B. Pacific Capital Bancorp (PCBC) also has a top grade of 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 paving the way for the sector with A grades. Showing the most overall growth in its sector in the last 12 months, Huntington Ingalls Industries, Inc. is the top stock, with a 226.9% increase.
With 71% of the sector’s stocks (17 out of 24) rating a “buy,” the life science sector is one of the strongest. With overall grades of A, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Covance (CVD) and Illumina, Inc. (ILMN) are buoying the sector. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR is the best performer in this sector, with a 215.6% increase in the last 12 months.
The biotechnology sector is thriving on Portfolio Grader this week, with 69% of its stocks (66 out of 95) currently rating a “buy”. Out of the biotechnology stocks, Enanta Pharmaceuticals, Inc. (ENTA), Gentium S.p.A. Sponsored ADR (GENT) and Repligen Corporation (RGEN) are out front with A’s. Repligen Corporation is the top stock in its sector, with a 473.9% increase from 12 months ago.
The auto parts sector’s track record is proving one of the best with 68% of its stocks (17 out of 25) rating a “buy”. Among auto parts stocks, Dorman Products, Inc. (DORM), Magna International (MGA) and Cooper-Standard Holdings Inc. (CPS) are leading the way with A’s. Magna International beats the other stocks in its sector, with a 219.3% increase from a year 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.
