This week, the commercial banking, electric utilities, reit, infrastructure and household products sectors are gathering momentum on the Portfolio Grader database.
Commercial banking is thriving this week with 100% of stocks in the sector (5 out of 5) currently 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.
Electric utilities is excelling, with 85% of stocks in the sector (34 out of 40) rating a “buy”. Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are lifting the sector overall, each earning a high grade of A.
The reit sector is thriving on Portfolio Grader this week, with 80% of its stocks (144 out of 179) currently rating a “buy”. With overall grades of A, Chatham Lodging (CLDT), LaSalle Hotel Properties (LHO) and Weingarten Realty Investors (WRI) are buoying the sector.
Infrastructure stands out with 80% of the sector’s stocks (4 out of 5) rating a “buy”. Macquarie Infrastructure Company LLC (MIC), Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) and Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) are paving the way for the sector with A grades.
The household products sector’s track record is proving one of the best with 78% of its stocks (7 out of 9) rating a “buy”. Among household products stocks, Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Energizer Holdings, Inc. (ENR) are leading the way with A’s.
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.