The commercial banking, household products, electric utilities, gas utilities and reit 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”. Near the top of their sector, Pacific Capital Bancorp (PCBC) and StellarOne Corporation (STEL) have A ratings. Citizens Republic Bancorp (CRBC) also gets a B.
Household products is excelling, with 100% of stocks in the sector (10 out of 10) rating a “buy”. Church & Dwight Co., Inc. (CHD), Clorox Company (CLX) and Central Garden & Pet Company Class A (CENTA) are paving the way for the sector with A grades.
The electric utilities sector’s track record is proving one of the best with 90% of its stocks (37 out of 41) rating a “buy”. Edison International (EIX), Unitil Corporation (UTL) and Exelon Corporation (EXC) are all currently earning A’s.
Gas utilities is thriving this week with 88% of stocks in the sector (15 out of 17) currently rating a “buy”. With overall grades of A, AmeriGas Partners, L.P. (APU), WGL Holdings, Inc. (WGL) and Atmos Energy Corporation (ATO) are buoying the sector.
With 85% of the sector’s stocks (153 out of 179) rating a “buy,” the reit sector is one of the strongest. New York Mortgage Trust, Inc. (NYMT), LaSalle Hotel Properties (LHO) and Chimera Investment Corporation (CIM) are lifting the sector overall, each earning a high grade of A.
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.