The aerospace and defense, biotechnology, life science, auto parts and e-commerce sectors are having a strong week, according to Portfolio Grader.
Aerospace and defense is thriving this week with 74% of stocks in the sector (31 out of 42) currently rating a “buy”. Among aerospace and defense stocks, Alliant Techsystem (ATK), Huntington Ingalls Industries, Inc. (HII) and TASER International, Inc. (TASR) are leading the way with A’s. Alliant Techsystem is performing best overall in the sector, with a 141.5% increase over the last 12 months.
The biotechnology sector’s track record is proving one of the best with 71% of its stocks (59 out of 83) rating a “buy”. With overall grades of A, Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are buoying the sector. Insys Therapeutics, Inc. is the top stock in its sector, with a 542.7% increase from 12 months ago.
With 70% of the sector’s stocks (16 out of 23) rating a “buy,” the life science sector is one of the strongest. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Covance (CVD) and Illumina, Inc. (ILMN) are paving the way for the sector with A grades. Over the last 12 months, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR is the best performer in this sector, with a 254.1% increase.
Auto parts is excelling, with 68% of stocks in the sector (17 out of 25) rating a “buy”. Out of the auto parts stocks, Magna International (MGA), Dorman Products, Inc. (DORM) and Cooper-Standard Holdings Inc. (CPS) are out front with A’s. The best performer in this sector is Magna International, which saw its price rise 173.1% in the last 12 months.
The e-commerce sector is thriving on Portfolio Grader this week, with 65% of its stocks (11 out of 17) currently rating a “buy”. priceline.com Incorporated (PCLN), Liberty Interactive Corporation Ventures Series A (LVNTA) and Vipshop Holdings Ltd. Sponsored ADR (VIPS) are lifting the sector overall, each earning a high grade of A. Vipshop Holdings Ltd. Sponsored ADR is performing the best overall in the sector, with a 1973.6% 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.
