This week, the commercial banking, aerospace and defense, life science, biotechnology and auto parts sectors are gathering momentum on the Portfolio Grader database.
Commercial banking is excelling, with 100% of stocks in the sector (5 out of 5) rating a “buy”. StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are lifting the sector overall, each earning a high score of B. Pacific Capital Bancorp (PCBC) currently ranks A.
Aerospace and defense stands out with 74% of the sector’s stocks (31 out of 42) rating a “buy”. Huntington Ingalls Industries, Inc. (HII), Alliant Techsystem (ATK) and TASER International, Inc. (TASR) are all currently earning A’s. The best performer in this sector is Huntington Ingalls Industries, Inc., which saw its price rise 223.5% in the last 12 months.
With 71% of the sector’s stocks (17 out of 24) 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 lifting the sector overall, each earning a high grade of A. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR beats the other stocks in its sector, with a 243.8% increase from a year ago.
Biotechnology is thriving this week with 70% of stocks in the sector (64 out of 92) currently rating a “buy”. Out of the biotechnology stocks, Enanta Pharmaceuticals, Inc. (ENTA), Gentium S.p.A. Sponsored ADR (GENT) and Repligen Corporation (RGEN) are out front with A’s. Repligen Corporation is performing the best overall in the sector, with a 499.4% increase from 12 months ago.
The auto parts sector is thriving on Portfolio Grader this week, with 68% of its stocks (17 out of 25) currently 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. Over the last 12 months, Magna International is the best performer in this sector, with a 258.8% 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.
