The commercial banking, electric utilities, infrastructure, household products and reit sectors are rising to the top this week on the Portfolio Grader database.
With 100% of the sector’s stocks (5 out of 5) rating a “buy,” the commercial banking sector is one of the strongest. 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 stands out with 85% of the sector’s stocks (35 out of 41) rating a “buy”. Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are all currently earning A’s. Edison International is performing the best overall in the sector, with a 47.9% increase from 12 months ago.
With 80% of the sector’s stocks (4 out of 5) rating a “buy,” the infrastructure sector is one of the strongest. With overall grades of A, 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 buoying the sector. Showing the most overall growth in its sector in the last 12 months, Macquarie Infrastructure Corporation is the top stock, with a 209.4% increase.
Household products is excelling, with 78% of stocks in the sector (7 out of 9) rating a “buy”. Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Colgate-Palmolive Company (CL) are lifting the sector overall, each earning a high grade of A. The best performer in this sector is Church & Dwight Co., Inc., which saw its price rise 87.8% in the last 12 months.
Reit is thriving this week with 77% of stocks in the sector (142 out of 185) currently rating a “buy”. With overall grades of A, Chatham Lodging (CLDT), Post Properties, Inc. (PPS) and Urstadt Biddle Properties Inc. Class A (UBA) are buoying the sector. Chatham Lodging is the top stock in its sector, with a 165.2% 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.