This week, the commercial banking, electric utilities, infrastructure, household products and gas utilities sectors are gathering momentum on the Portfolio Grader database.
Commercial banking is thriving this week with 100% of stocks in the sector (5 out of 5) currently 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”. Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are lifting the sector overall, each earning a high grade of A. Over the last 12 months, Edison International is the best performer in this sector, with a 52.7% increase.
Infrastructure is excelling, with 80% of stocks in the sector (4 out of 5) rating a “buy”. Out of the infrastructure stocks, Macquarie Infrastructure Corporation (MIC) and Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are out front with A’s. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) also has a solid B. Macquarie Infrastructure Corporation is performing the best overall in the sector, with a 217.1% increase from 12 months ago.
With 78% of the sector’s stocks (7 out of 9) rating a “buy,” the household products sector is one of the strongest. 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. Showing the most overall growth in its sector in the last 12 months, Church & Dwight Co., Inc. is the top stock, with a 92.9% increase.
The gas utilities sector is thriving on Portfolio Grader this week, with 76% of its stocks (13 out of 17) currently rating a “buy”. Among gas utilities stocks, WGL Holdings, Inc. (WGL) and New Jersey Resources Corporation (NJR) are leading the way with grades of A. ONE Gas Inc. (OGS) also has a top grade of B. ONE Gas Inc. beats the other stocks in its sector, with a 33% 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.