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”. 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.
The electric utilities sector is thriving on Portfolio Grader this week, with 85% of its stocks (35 out of 41) currently rating a “buy”. 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 the top stock in its sector, with a 51.7% increase from 12 months ago.
Infrastructure is thriving this week with 80% of stocks in the sector (4 out of 5) currently 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. Macquarie Infrastructure Corporation beats the other stocks in its sector, with a 210.6% increase from a year ago.
Household products is excelling, with 78% of stocks in the sector (7 out of 9) rating a “buy”. Out of the household products stocks, Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Colgate-Palmolive Company (CL) are out front with A’s. Church & Dwight Co., Inc. is the best performer in this sector, with a 90.8% increase in the last 12 months.
Reit stands out with 77% of the sector’s stocks (142 out of 185) rating a “buy”. Among reit stocks, Chatham Lodging (CLDT), Post Properties, Inc. (PPS) and Urstadt Biddle Properties Inc. Class A (UBA) are leading the way with A’s. Over the last 12 months, Chatham Lodging is the best performer in this sector, with a 176.4% 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.