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 pharmaceutical sectors are having a strong week, according to Portfolio Grader.

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.

The aerospace and defense sector’s track record is proving one of the best with 74% of its stocks (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. Huntington Ingalls Industries, Inc. is performing the best overall in the sector, with a 243.7% increase from 12 months ago.

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 219% increase from a year ago.

Biotechnology stands out with 70% of the sector’s stocks (69 out of 98) rating a “buy”. Among biotechnology stocks, Enanta Pharmaceuticals, Inc. (ENTA), Gentium S.p.A. Sponsored ADR (GENT) and Repligen Corporation (RGEN) are leading the way with A’s. Showing the most overall growth in its sector in the last 12 months, Repligen Corporation is the top stock, with a 587.5% increase.

Pharmaceutical is thriving this week with 67% of stocks in the sector (41 out of 61) currently rating a “buy”. Out of the pharmaceutical stocks, Lannett Company, Inc. (LCI), Questcor Pharmaceuticals, Inc. (QCOR) and Salix Pharmaceuticals, Ltd. (SLXP) are out front with A’s. Lannett Company, Inc. is the best performer in this sector, with a 67.8% 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, https://investorplace.com/2014/12/5-best-sectors-to-watch-this-week-enta-gent-rgen-13/.

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