The commercial banking, electric utilities, infrastructure, household products and reit sectors are rising to the top this week on the Portfolio Grader database.
With 100% of the sector’s stocks (5 out of 5) rating a “buy,” the commercial banking sector is one of the strongest. 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.
Electric utilities is excelling, with 85% of stocks in the sector (35 out of 41) 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 53.3% increase from a year ago.
Infrastructure stands out with 80% of the sector’s stocks (4 out of 5) 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. Over the last 12 months, Macquarie Infrastructure Company LLC is the best performer in this sector, with a 213.1% increase.
Household products is thriving this week with 78% of stocks in the sector (7 out of 9) currently rating a “buy”. With a score of A, Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) are buoying the sector. Colgate-Palmolive Company (CL) also has a solid B. The best performer in this sector is Church & Dwight Co., Inc., which saw its price rise 85.5% in the last 12 months.
The reit sector’s track record is proving one of the best with 77% of its stocks (141 out of 183) 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 top stock in its sector, with a 166.5% 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.