This week, commercial banking, electric utilities, infrastructure, household products and reit are the best sectors on the Portfolio Grader database.
The commercial banking sector’s track record is proving one of the best with 100% of its stocks (five out of five) 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.
electric utilities stands out with 85% of the sector’s stocks (35 out of 41) rating a “buy.” 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 top stock in its sector, with a 43.7% increase from 12 months ago.
The infrastructure sector is thriving on Portfolio Grader this week, with 80% of its stocks (four out of five) currently rating a “buy.” Among infrastructure stocks, Macquarie Infrastructure Corp (MIC) and Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are leading the way with grades of A. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) also has a top grade of B. Macquarie Infrastructure Corp is the best performer in this sector, with a 223.7% increase in the last 12 months.
household products is thriving this week with 78% of stocks in the sector (seven out of nine) currently rating a “buy.” With a score of A, Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) are buoying the sector. Colgate-Palmolive Company (CL) also has a solid B. Over the last 12 months, Church & Dwight Co., Inc. is the best performer in this sector, with an 84.1% increase.
With 77% of the sector’s stocks (141 out of 184) rating a “buy,” the reit sector is one of the strongest. 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 162.8% 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.