The commercial banking, electric utilities, infrastructure, reit and household products sectors are showing strength this week, according to Portfolio Grader.
Commercial banking stands out with 100% of the sector’s stocks (5 out of 5) rating a “buy”. With a grade of B, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are buoying the sector. Pacific Capital Bancorp (PCBC) also ranks a solid A.
The electric utilities sector’s track record is proving one of the best with 86% of its stocks (36 out of 42) rating a “buy”. With overall grades of A, Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are buoying the sector. Edison International is the top stock in its sector, with a 64.4% increase from 12 months ago.
The infrastructure sector is thriving on Portfolio Grader this week, with 80% of its stocks (4 out of 5) currently 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 lifting the sector overall, each earning a high grade of A. Macquarie Infrastructure Company LLC beats the other stocks in its sector, with a 196.1% increase from a year ago.
With 78% of the sector’s stocks (141 out of 180) rating a “buy,” the reit sector is one of the strongest. Chatham Lodging (CLDT), Post Properties, Inc. (PPS) and Urstadt Biddle Properties Inc. Class A (UBA) are all currently earning A’s. Over the last 12 months, Chatham Lodging is the best performer in this sector, with a 179.5% increase.
Household products is excelling, with 78% of stocks in the sector (7 out of 9) rating a “buy”. Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Colgate-Palmolive Company (CL) are paving the way for the sector with A grades. The best performer in this sector is Church & Dwight Co., Inc., which saw its price rise 90% 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.