The commercial banking, electric utilities, infrastructure, household products and reit sectors are having a strong 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”. 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.
The electric utilities sector is thriving on Portfolio Grader this week, with 85% of its stocks (35 out of 41) currently 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 47.6% increase from 12 months ago.
The infrastructure sector’s track record is proving one of the best with 80% of its stocks (4 out of 5) rating a “buy”. 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 lifting the sector overall, each earning a high grade of A. Macquarie Infrastructure Corp is the best performer in this sector, with a 207.8% increase in the last 12 months.
With 78% of the sector’s stocks (7 out of 9) rating a “buy,” the household products sector is one of the strongest. Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Colgate-Palmolive Company (CL) are all currently earning A’s. Church & Dwight Co., Inc. is performing the best overall in the sector, with an 82.6% increase from 12 months ago.
Reit is excelling, with 77% of stocks in the sector (142 out of 185) 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. Over the last 12 months, Chatham Lodging is the best performer in this sector, with a 164.8% 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.