For the week, commercial banking, electric utilities, infrastructure, household products and gas utilities are the top sectors on the Portfolio Grader database.
The commercial banking sector is thriving on Portfolio Grader this week, with 100% of its stocks (5 out of 5) currently 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.
Electric utilities is thriving this week with 85% of stocks in the sector (35 out of 41) currently rating a “buy”. Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are all currently earning A’s. Edison International is the best performer in this sector, with a 53% increase in the last 12 months.
Infrastructure stands out with 80% of the sector’s 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. Macquarie Infrastructure Corporation is performing the best overall in the sector, with a 192.2% 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. 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. beats the other stocks in its sector, with a 93.1% increase from a year ago.
The gas utilities sector is thriving on Portfolio Grader this week, with 76% of its stocks (13 out of 17) currently rating a “buy”. With overall grades of A, WGL Holdings, Inc. (WGL), New Jersey Resources Corporation (NJR) and ONE Gas, Inc. (OGS) are buoying the sector. The best performer in this sector is WGL Holdings, Inc., which saw its price rise 30.7% in the last 12 months.
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.