The commercial banking, electric utilities, infrastructure, household products and reit sectors are showing strength this week, according to Portfolio Grader.
The commercial banking sector is thriving on Portfolio Grader this week, with 100% of its stocks (5 out of 5) currently rating a “buy”. StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are lifting the sector overall, each earning a high score of B. Pacific Capital Bancorp (PCBC) currently ranks A.
With 85% of the sector’s stocks (35 out of 41) rating a “buy,” the electric utilities sector is one of the strongest. Out of the electric utilities stocks, Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are out front with A’s. Edison International is performing the best overall in the sector, with a 54.3% increase from 12 months ago.
The infrastructure sector’s track record is proving one of the best with 80% of its 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 all currently earning A’s. Over the last 12 months, Macquarie Infrastructure Company LLC is the best performer in this sector, with a 215.4% 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 lifting the sector overall, each earning a high grade of A. Church & Dwight Co., Inc. beats the other stocks in its sector, with an 83.7% increase from a year ago.
Reit stands out with 77% of the sector’s stocks (141 out of 182) 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. Chatham Lodging is the best performer in this sector, with a 166.3% increase 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.