by Portfolio Grader | January 23, 2013 3:30 pm
The grades of four Commercial Banking stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
Cascade Bancorp’s (NASDAQ:CACB) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Cascade Bancorp provides a range of commercial and retail banking services. In Portfolio Grader’s specific subcategories of Earnings Momentum, Earnings Revisions, and Earnings Surprise, CACB also gets A’s. For more information, get Portfolio Grader’s complete analysis of CACB stock.
Heritage Commerce’s (NASDAQ:HTBK) ratings are looking better this week, moving up to a B from last week’s C. Heritage Commerce is a holding company for Heritage Bank of Commerce. For more information, get Portfolio Grader’s complete analysis of HTBK stock.
This week, Hanmi Financial (NASDAQ:HAFC) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Hanmi Financial is the holding company for Hanmi Bank. The stock has a trailing PE Ratio of 6.20. For more information, get Portfolio Grader’s complete analysis of HAFC stock.
Bank of the Ozarks (NASDAQ:OZRK) gets a higher grade this week, advancing from a C last week to a B. Bank of the Ozarks provides various retail and commercial banking services. For more information, get Portfolio Grader’s complete analysis of OZRK stock.
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.
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