The commercial banking, electric utilities, infrastructure, household products and reit sectors are rising to the top this week on the Portfolio Grader database.
The commercial banking sector is thriving on Portfolio Grader this week, with 100% of its stocks (5 out of 5) currently 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.
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 the best performer in this sector, with a 50.9% increase in the last 12 months.
Infrastructure is thriving this week with 80% of stocks in the sector (4 out of 5) currently rating a “buy”. Among infrastructure stocks, Macquarie Infrastructure Corp (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 leading the way with A’s. Macquarie Infrastructure Corp beats the other stocks in its sector, with a 221% increase from a year ago.
The household products sector is thriving on Portfolio Grader this week, with 78% of its stocks (7 out of 9) currently rating a “buy”. With overall grades of A, Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Colgate-Palmolive Company (CL) are buoying the sector. Over the last 12 months, Church & Dwight Co., Inc. is the best performer in this sector, with an 85.2% increase.
The reit sector’s track record is proving one of the best with 77% of its stocks (141 out of 184) rating a “buy”. Out of the reit stocks, Chatham Lodging (CLDT), Post Properties, Inc. (PPS) and Urstadt Biddle Properties Inc. Class A (UBA) are out front with A’s. Chatham Lodging is the best performer in this sector, with a 164.8% 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.