The commercial banking, electric utilities, infrastructure, household products and reit sectors are showing strength this week, according to Portfolio Grader.
Commercial banking is excelling, with 100% of stocks in the sector (5 out of 5) rating a “buy”. Out of the commercial banking stocks, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are out front with B’s. 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. With overall grades of A, Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are buoying the sector. Over the last 12 months, Edison International is the best performer in this sector, with a 47.7% increase.
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 Corporation (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. The best performer in this sector is Macquarie Infrastructure Corporation, which saw its price rise 201.3% in the last 12 months.
The household products sector is thriving on Portfolio Grader this week, with 78% of its stocks (7 out of 9) currently rating a “buy”. Among household products stocks, Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Colgate-Palmolive Company (CL) are leading the way with A’s. Church & Dwight Co., Inc. is performing the best overall in the sector, with an 84.9% increase from 12 months ago.
Reit stands out with 77% of the sector’s stocks (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. Chatham Lodging is the top stock in its sector, with a 163.7% 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.
