For the week, commercial banking, electric utilities, infrastructure, household products and reit are the top sectors on the Portfolio Grader database.
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”. Among commercial banking stocks, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are leading the way with grades of B. Pacific Capital Bancorp (PCBC) also has a top grade of A.
Electric utilities is excelling, with 85% of stocks in the sector (35 out of 41) rating a “buy”. With overall grades of A, Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are buoying the sector. Edison International is the top stock in its sector, with a 51% increase from 12 months ago.
Infrastructure stands out with 80% of the sector’s stocks (4 out of 5) rating a “buy”. Macquarie Infrastructure Corp (MIC) and Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are lifting the sector overall, each earning a high grade of A. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) currently ranks B. Showing the most overall growth in its sector in the last 12 months, Macquarie Infrastructure Corp is the top stock, with a 226.1% increase.
The household products sector’s track record is proving one of the best with 78% of its stocks (7 out of 9) 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. The best performer in this sector is Church & Dwight Co., Inc., which saw its price rise 85.8% in the last 12 months.
Reit is excelling, with 77% of stocks in the sector (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 performing the best overall in the sector, with a 170.7% 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.