The commercial banking, electric utilities, infrastructure, household products and gas utilities sectors look strong this week, according to Portfolio Grader.
The commercial banking sector’s track record is proving one of the best with 100% of its stocks (5 out of 5) 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 is excelling, with 85% of stocks in the sector (35 out of 41) rating a “buy”. Among electric utilities stocks, Edison International (EIX), Hawaiian Electric Industries, Inc. (HE) and Xcel Energy (XEL) are leading the way with A’s. Edison International is the top stock in its sector, with a 47.6% increase from 12 months ago.
The infrastructure sector is thriving on Portfolio Grader this week, with 80% of its stocks (4 out of 5) currently 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. Over the last 12 months, Macquarie Infrastructure Corporation is the best performer in this sector, with a 193.2% increase.
With 78% of the sector’s stocks (7 out of 9) rating a “buy,” the household products sector is one of the strongest. Clorox Company (CLX) and Church & Dwight Co., Inc. (CHD) are lifting the sector overall, each earning a high grade of A. Colgate-Palmolive Company (CL) currently ranks B. Showing the most overall growth in its sector in the last 12 months, Church & Dwight Co., Inc. is the top stock, with an 88.6% increase.
Gas utilities stands out with 76% of the sector’s stocks (13 out of 17) rating a “buy”. With a score of A, WGL Holdings, Inc. (WGL), New Jersey Resources Corporation (NJR) are buoying the sector. ONE Gas, Inc. (OGS) also has a solid B. Over the last 12 months, WGL Holdings, Inc. is the best performer in this sector, with a 26.5% increase.
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.