This week, commercial banking, electric utilities, infrastructure, household products and gas utilities are the best sectors on the Portfolio Grader database.
Commercial banking stands out with 100% of the sector’s stocks (5 out of 5) rating a “buy”. Out of the commercial banking stocks, StellarOne Corporation (STEL) and Citizens Republic Bancorp (CRBC) are out front with B’s. Pacific Capital Bancorp (PCBC) also ranks a solid A.
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. Showing the most overall growth in its sector in the last 12 months, Edison International is the top stock, with a 47.6% increase.
With 80% of the sector’s stocks (4 out of 5) rating a “buy,” the infrastructure sector is one of the strongest. Among infrastructure stocks, 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 leading the way with A’s. Over the last 12 months, Macquarie Infrastructure Corporation is the best performer in this sector, with a 193.2% increase.
Household products is thriving this week with 78% of stocks in the sector (7 out of 9) currently rating a “buy”. Clorox Company (CLX), Church & Dwight Co., Inc. (CHD) and Colgate-Palmolive Company (CL) are paving the way for the sector with A grades. The best performer in this sector is Church & Dwight Co., Inc., which saw its price rise 88.6% in the last 12 months.
Gas utilities is excelling, with 76% of stocks in the sector (13 out of 17) rating a “buy”. Out of the gas utilities stocks, WGL Holdings, Inc. (WGL), New Jersey Resources Corporation (NJR) and ONE Gas, Inc. (OGS) are out front with A’s. WGL Holdings, Inc. beats the other stocks in its sector, with a 26.5% 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.