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5 Best Sectors to Watch This Week

biotechnology, life science, and commercial banking among the sectors with the most "buy" calls


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 stands out with 100% of the sector’s 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.

The aerospace and defense sector is thriving on Portfolio Grader this week, with 74% of its stocks (31 out of 42) currently 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 192.6% increase from a year ago.

Life science is excelling, with 71% of stocks in the sector (17 out of 24) rating a “buy”. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR (WX), Covance (CVD) and Illumina, Inc. (ILMN) are paving the way for the sector with A grades. The best performer in this sector is Wuxi PharmaTech (Cayman) Inc. Sponsored ADR, which saw its price rise 201.2% in the last 12 months.

With 68% of the sector’s stocks (63 out of 92) rating a “buy,” the biotechnology sector is one of the strongest. Out of the biotechnology stocks, Gentium S.p.A. Sponsored ADR (GENT), Repligen Corporation (RGEN) and Insys Therapeutics, Inc. (INSY) are out front with A’s. Over the last 12 months, Repligen Corporation is the best performer in this sector, with a 529.4% increase.

Auto parts stands out with 68% of the sector’s stocks (17 out of 25) rating a “buy”. Among auto parts stocks, Dorman Products, Inc. (DORM), Magna International (MGA) and Cooper-Standard Holdings Inc. (CPS) are leading the way with A’s. Magna International is the best performer in this sector, with a 231.7% increase in the last 12 months.

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,

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