This week, commercial banking, electric utilities, infrastructure, household products and gas utilities are the best sectors on the Portfolio Grader database.
Commercial banking is excelling, with 100% of stocks in the sector (5 out of 5) rating a “buy”. With a grade of B, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are buoying the sector. 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 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”. Among infrastructure stocks, Macquarie Infrastructure Corporation (MIC) and Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B (OMAB) are leading the way with grades of A. Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B (PAC) also has a top grade of B. Macquarie Infrastructure Corporation is the top stock in its sector, with a 192.2% increase from 12 months ago.
Household products is excelling, with 78% of stocks in the sector (7 out of 9) rating a “buy”. 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. Church & Dwight Co., Inc. is performing the best overall in the sector, with a 93.1% increase from 12 months ago.
With 76% of the sector’s stocks (13 out of 17) rating a “buy,” the gas utilities sector is one of the strongest. Out of the gas utilities stocks, WGL Holdings, Inc. (WGL) and New Jersey Resources Corporation (NJR) are out front with A’s. ONE Gas, Inc. (OGS) also has a solid B. WGL Holdings, Inc. beats the other stocks in its sector, with a 30.7% 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.