This week, the consumer finance, biotechnology, e-commerce, life science and auto parts sectors are gathering momentum on the Portfolio Grader database.
The consumer finance sector is thriving on Portfolio Grader this week, with 71% of its stocks (10 out of 14) currently rating a “buy”. NetSpend Holdings (NTSP), Portfolio Recovery Associates, Inc. (PRAA) and Discover Financial Services (DFS) are all currently earning B’s. Over the last 12 months, Discover Financial Services is the best performer in this sector, with a 132.4% increase.
Biotechnology is thriving this week with 70% of stocks in the sector (57 out of 82) currently rating a “buy”. Ligand Pharmaceuticals Incorporated (LGND), Insys Therapeutics, Inc. (INSY) and Gentium S.p.A. Sponsored ADR (GENT) are paving the way for the sector with A grades. Insys Therapeutics, Inc. is the best performer in this sector, with a 513.3% increase in the last 12 months.
E-commerce stands out with 68% of the sector’s stocks (13 out of 19) rating a “buy”. With overall grades of A, Vipshop Holdings Ltd. Sponsored ADR (VIPS), Netflix, Inc. (NFLX) and priceline.com Incorporated (PCLN) are buoying the sector. Vipshop Holdings Ltd. Sponsored ADR is the top stock in its sector, with a 1824.5% increase from 12 months ago.
The life science sector’s track record is proving one of the best with 68% of its stocks (15 out of 22) rating a “buy”. Out of the life science stocks, Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Illumina, Inc. (ILMN) and Thermo Fisher Scientific (TMO) 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 235.1% increase.
With 68% of the sector’s stocks (17 out of 25) rating a “buy,” the auto parts sector is one of the strongest. Magna International (MGA), Cooper-Standard Holdings Inc. (CPS) and Gentherm Inc. (THRM) are lifting the sector overall, each earning a high grade of A. Magna International beats the other stocks in its sector, with a 169.1% 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.
