5 Best Sectors to Watch This Week

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The commercial banking, aerospace and defense, life science, biotechnology and auto parts sectors are rising to the top this week 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”. Within the commercial banking sector, Pacific Capital Bancorp (PCBC) and StellarOne Corporation (STEL) receive top marks of A’s. Citizens Republic Bancorp (CRBC) is also getting 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. Huntington Ingalls Industries, Inc. beats the other stocks in its sector, with a 226.4% increase from a year ago.

With 71% of the sector’s stocks (17 out of 24) rating a “buy,” the life science sector is one of the strongest. 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. Showing the most overall growth in its sector in the last 12 months, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR is the top stock, with a 250.2% increase.

The biotechnology sector is thriving on Portfolio Grader this week, with 70% of its stocks (67 out of 96) currently rating a “buy”. With overall grades of A, Enanta Pharmaceuticals, Inc. (ENTA), Gentium S.p.A. Sponsored ADR (GENT) and Repligen Corporation (RGEN) are buoying the sector. Repligen Corporation is performing the best overall in the sector, with a 656.4% increase from 12 months ago.

Auto parts stands out with 68% of the sector’s stocks (17 out of 25) rating a “buy”. Dorman Products, Inc. (DORM), Magna International (MGA) and Cooper-Standard Holdings Inc. (CPS) are paving the way for the sector with A grades. Over the last 12 months, Magna International is the best performer in this sector, with a 203.8% 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.


Article printed from InvestorPlace Media, https://investorplace.com/2014/11/5-best-sectors-to-watch-this-week-enta-gent-rgen-9/.

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