The commercial banking, electric utilities, infrastructure, household products and reit sectors are on the rise this week on the Portfolio Grader database.
Commercial banking is thriving this week with 100% of stocks in the sector (5 out of 5) currently rating a “buy”. Out of the commercial banking stocks, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are out front with B’s. Pacific Capital Bancorp (PCBC) also ranks a solid A.
Electric utilities stands out with 85% of the sector’s stocks (35 out of 41) rating a “buy”. Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are all currently earning A’s. Edison International is the top stock in its sector, with a 56.6% increase from 12 months ago.
The infrastructure sector is thriving on Portfolio Grader this week, with 80% of its stocks (4 out of 5) currently rating a “buy”. Out of the infrastructure stocks, Macquarie Infrastructure Corp (MIC) and Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are out front with A’s. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) also has a solid B. Macquarie Infrastructure Corp is performing the best overall in the sector, with a 217.7% increase from 12 months ago.
With 78% of the sector’s stocks (7 out of 9) rating a “buy,” the household products sector is one of the strongest. Among household products stocks, Clorox Company (CLX) and Church & Dwight Co., Inc. (CHD) are leading the way with grades of A. Colgate-Palmolive Company (CL) also has a top grade of B. The best performer in this sector is Church & Dwight Co., Inc., which saw its price rise 87.9% in the last 12 months.
Reit is thriving this week with 77% of stocks in the sector (141 out of 183) currently 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. Over the last 12 months, Chatham Lodging is the best performer in this sector, with a 169.8% 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.