The commercial banking, electric utilities, infrastructure, household products and gas utilities sectors are rising to the top this week on the Portfolio Grader database.
Commercial banking is excelling, with 100% of stocks in the sector (5 out of 5) rating a “buy”. Within the commercial banking sector, Pacific Capital Bancorp (PCBC) and StellarOne Corporation (STEL) receive top marks of A’s. Citizens Republic Bancorp (CRBC) is also getting a B.
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.
Infrastructure stands out with 80% of the sector’s stocks (4 out of 5) rating a “buy”. Macquarie Infrastructure Corporation (MIC) and Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are lifting the sector overall, each earning a high grade of A. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) currently ranks B.
With 78% of the sector’s stocks (7 out of 9) rating a “buy,” the household products sector is one of the strongest. Out of the household products stocks, Clorox Company (CLX) and Church & Dwight Co., Inc. (CHD) are out front with A’s. Colgate-Palmolive Company (CL) also has a solid B.
Gas utilities is thriving this week with 76% of stocks in the sector (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.
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.