The commercial banking, electric utilities, infrastructure, gas utilities and household products sectors look strong this week, according to Portfolio Grader.
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”. 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.
Electric utilities is excelling, with 85% of stocks in the sector (35 out of 41) rating a “buy”. With overall grades of A, Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are buoying the sector. Edison International is the best performer in this sector, with a 47.6% increase in the last 12 months.
Infrastructure stands out with 83% of the sector’s stocks (5 out of 6) rating a “buy”. Among infrastructure stocks, Macquarie Infrastructure Company LLC (MIC) and Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are leading the way with grades of A. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) also has a top grade of B. Macquarie Infrastructure Company LLC is the top stock in its sector, with a 193.2% increase from 12 months ago.
Gas utilities is thriving this week with 78% of stocks in the sector (14 out of 18) currently rating a “buy”. Out of the gas utilities stocks, WGL Holdings, Inc. (WGL) and New Jersey Resources Corporation (NJR) are out front with A’s. Transportadora de Gas del Sur SA Sponsored ADR Class B RegS (TGS) also has a solid B. Over the last 12 months, Transportadora de Gas del Sur SA Sponsored ADR Class B RegS is the best performer in this sector, with a 46.3% increase.
With 78% of the sector’s stocks (7 out of 9) rating a “buy,” the household products sector is one of the strongest. With a score of A, Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) are buoying the sector. Colgate-Palmolive Company (CL) also has a solid B. Showing the most overall growth in its sector in the last 12 months, Church & Dwight Co., Inc. is the top stock, with an 88.6% 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.
