The commercial banking, electric utilities, infrastructure, household products and reit sectors are showing strength this week, according to Portfolio Grader.
The commercial banking sector’s track record is proving one of the best with 100% of its stocks (5 out of 5) rating a “buy”. Near the top of their sector, Pacific Capital Bancorp (PCBC) and StellarOne Corporation (STEL) have A ratings. Citizens Republic Bancorp (CRBC) also gets a B.
With 85% of the sector’s stocks (35 out of 41) rating a “buy,” the electric utilities sector is one of the strongest. Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are paving the way for the sector with A grades. Edison International is performing the best overall in the sector, with a 46.7% increase from 12 months ago.
Infrastructure is excelling, with 80% of stocks in the sector (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. Macquarie Infrastructure Corp is the top stock in its sector, with a 225.7% increase from 12 months ago.
Household products is thriving this week with 78% of stocks in the sector (7 out of 9) currently rating a “buy”. 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. Church & Dwight Co., Inc. beats the other stocks in its sector, with an 85.3% increase from a year ago.
Reit stands out with 77% of the sector’s stocks (141 out of 184) rating a “buy”. Chatham Lodging (CLDT), Post Properties, Inc. (PPS) and Urstadt Biddle Properties Inc. Class A (UBA) are all currently earning A’s. The best performer in this sector is Chatham Lodging, which saw its price rise 164.2% 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.
