The commercial banking, electric utilities, infrastructure, household products and reit sectors are showing strength this week, according to Portfolio Grader.
Commercial banking stands out with 100% of the sector’s stocks (5 out of 5) 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. Among electric utilities stocks, Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are leading the way with A’s. Showing the most overall growth in its sector in the last 12 months, Edison International is the top stock, with a 56.1% increase.
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 a score of A, Macquarie Infrastructure Corp (MIC), Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are buoying the sector. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) also has a solid B. Over the last 12 months, Macquarie Infrastructure Corp is the best performer in this sector, with a 218.7% increase.
Household products is excelling, with 78% of stocks in the sector (7 out of 9) rating a “buy”. Clorox Company (CLX) and Church & Dwight Co., Inc. (CHD) are lifting the sector overall, each earning a high grade of A. Colgate-Palmolive Company (CL) currently ranks B. Church & Dwight Co., Inc. is the best performer in this sector, with an 88.2% increase in the last 12 months.
The reit sector is thriving on Portfolio Grader this week, with 77% of its stocks (141 out of 183) currently 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. Chatham Lodging beats the other stocks in its sector, with a 173.4% increase from a year 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.
