For the week, commercial banking, aerospace and defense, biotechnology, life science and pharmaceutical are the top sectors on the Portfolio Grader database.
The commercial banking sector is thriving on Portfolio Grader this week, with 100% of its stocks (5 out of 5) currently rating a “buy”. Among commercial banking stocks, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are leading the way with grades of B. Pacific Capital Bancorp (PCBC) also has a top grade of A.
Aerospace and defense is excelling, with 74% of stocks in the sector (31 out of 42) rating a “buy”. Huntington Ingalls Industries, Inc. (HII), Alliant Techsystem (ATK) and TASER International, Inc. (TASR) are paving the way for the sector with A grades. Over the last 12 months, Huntington Ingalls Industries, Inc. is the best performer in this sector, with a 238.7% increase.
The biotechnology sector is thriving on Portfolio Grader this week, with 71% of its stocks (69 out of 97) currently rating a “buy”. With overall grades of A, Enanta Pharmaceuticals, Inc. (ENTA), Gentium S.p.A. Sponsored ADR (GENT) and Repligen Corporation (RGEN) are buoying the sector. Repligen Corporation is the best performer in this sector, with a 608.3% increase 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 all currently earning A’s. Wuxi PharmaTech (Cayman) Inc. Sponsored ADR beats the other stocks in its sector, with a 244.4% increase from a year ago.
Pharmaceutical stands out with 67% of the sector’s stocks (41 out of 61) rating a “buy”. With overall grades of A, Lannett Company, Inc. (LCI), Questcor Pharmaceuticals, Inc. (QCOR) and Salix Pharmaceuticals, Ltd. (SLXP) are buoying the sector. Lannett Company, Inc. is performing the best overall in the sector, with a 63.6% 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.