The commercial banking, electric utilities, infrastructure, reit and household products sectors look strong this week, according to Portfolio Grader.
Commercial banking is thriving this week with 100% of stocks in the sector (5 out of 5) currently 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 is thriving on Portfolio Grader this week, with 86% of its stocks (36 out of 42) currently 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. Edison International is the best performer in this sector, with a 66.3% increase in the last 12 months.
The infrastructure sector’s track record is proving one of the best with 80% of its stocks (4 out of 5) rating a “buy”. With overall grades of A, 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 buoying the sector. Macquarie Infrastructure Company LLC is performing the best overall in the sector, with a 208.4% increase from 12 months ago.
Reit stands out with 78% of the sector’s stocks (141 out of 180) rating a “buy”. Chatham Lodging (CLDT), Post Properties, Inc. (PPS) and Urstadt Biddle Properties Inc. Class A (UBA) are paving the way for the sector with A grades. Over the last 12 months, Chatham Lodging is the best performer in this sector, with a 188.7% increase.
With 78% of the sector’s stocks (7 out of 9) rating a “buy,” the household products sector is one of the strongest. Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Colgate-Palmolive Company (CL) are all currently earning A’s. Church & Dwight Co., Inc. is the top stock in its sector, with an 89.7% 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.