For the week, commercial banking, electric utilities, infrastructure, reit and household products are the top sectors on the Portfolio Grader database.
Commercial banking is excelling, with 100% of stocks in the sector (5 out of 5) 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 electric utilities sector’s track record is proving one of the best with 86% of its stocks (36 out of 42) rating a “buy”. Among electric utilities stocks, Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are leading the way with A’s. Edison International beats the other stocks in its sector, with a 61.4% increase from a year ago.
Infrastructure is thriving this week with 80% of stocks in the sector (4 out of 5) currently rating a “buy”. Among infrastructure stocks, Macquarie Infrastructure Company LLC (MIC) and Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are leading the way with grades of A. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) also has a top grade of B. Showing the most overall growth in its sector in the last 12 months, Macquarie Infrastructure Company LLC is the top stock, with a 209.1% increase.
The reit sector is thriving on Portfolio Grader this week, with 78% of its stocks (142 out of 181) currently rating a “buy”. Out of the reit stocks, Chatham Lodging (CLDT), Post Properties, Inc. (PPS) and Urstadt Biddle Properties Inc. Class A (UBA) are out front with A’s. The best performer in this sector is Chatham Lodging, which saw its price rise 183.8% in the last 12 months.
Household products is excelling, with 78% of stocks in the sector (7 out of 9) rating a “buy”. Out of the household products stocks, Clorox Company (CLX) and Church & Dwight Co., Inc. (CHD) are out front with A’s. Colgate-Palmolive Company (CL) also has a solid B. Over the last 12 months, Church & Dwight Co., Inc. is the best performer in this sector, with an 89.9% increase.
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.