For the week, commercial banking, electric utilities, infrastructure, reit and household products are the top sectors on the Portfolio Grader database.
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.
Electric utilities is thriving this week with 86% of stocks in the sector (36 out of 42) currently rating a “buy”. Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are all currently earning A’s. The best performer in this sector is Edison International, which saw its price rise 58.2% in the last 12 months.
Infrastructure is excelling, with 80% of stocks in the sector (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. Macquarie Infrastructure Company LLC is performing the best overall in the sector, with a 215.1% increase from 12 months ago.
The reit sector’s track record is proving one of the best with 78% of its stocks (142 out of 182) rating a “buy”. Chatham Lodging (CLDT), Post Properties, Inc. (PPS) and Urstadt Biddle Properties Inc. Class A (UBA) are lifting the sector overall, each earning a high grade of A. Showing the most overall growth in its sector in the last 12 months, Chatham Lodging is the top stock, with a 177.6% increase.
With 78% of the sector’s stocks (7 out of 9) rating a “buy,” the household products sector is one of the strongest. With overall grades of A, Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Colgate-Palmolive Company (CL) are buoying the sector. Church & Dwight Co., Inc. is the top stock in its sector, with a 90.6% 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.