The strongest stocks are in the strongest industries. Makes sense when you say it like that. But how can we identify the strongest industries out there? Should we use relative strength? Should it be based on the performance of the underlying stocks? Let’s not sit here and over complicate the situation. We’ve already got an easy way to identify these industries, just like we’ve already got the stock side figured out.

You may already be familiar with the Zacks Rank. Using earnings estimates from analysts, our secret sauce comes up with those stocks which have the most agreement, largest magnitude, greatest potential upside and increases in consensus to come up with stocks that have the greatest likelihood of success in the intermediate term. That’s what the Zacks Rank is really all about. You don’t have to just take my word for it. How does 26% annualized since 1988 sound? Sounds pretty good to me.

We’re not one trick ponies over here though. We aggregate this data across industries, helping us find entire swaths of the market that have been experiencing earnings estimate revisions to the upside. We can easily uncover the strongest pockets of the market by using the Zacks Industry Rank and looking for stocks within these top industries.

Below I’ve compiled a list of five stocks that are Zacks Rank #1 (Strong Buy) stocks in industries that are in the Top 5% of the 265 industries we rank with our Zacks Industry Rank. This way, you can throw money at top stocks that are in top industries.

Netgear (NTGR - Snapshot Report)

Netgear is part of the Computer Networks industry that currently ranks in the Top 3% of our Zacks Industry Rank. The company provides networking products to consumers, businesses, and service providers. The company operates in three segments: Retail, Commercial, and Service Provider. The Retail segment offers home networking, home video security, storage, and digital media products. The Commercial segment provides business networking, storage, and security solutions. The Service Provider segment offers home networking hardware and software solutions, as well as 4G LTE hotspots sold to service providers for sale to their subscribers. The company also offers commercial business networking products, such as Ethernet switches.

Shares of NTGR have been on fire since a great earnings report in mid-October. That big jump on earnings broke out from the top end of a consolidation range shares were trapped in for most of 2015. Now the stock continues to probe higher, with fresh 52-week highs being hit nearly every day. A healthy uptick in volume has followed. Support to the downside remains at the November lows just above $41.

Activision Blizzard (ATVI - Snapshot Report)

Activision Blizzard is in the hobby industry that ranks in the Top 3% of our Zacks Industry Rank. Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes online subscription-based games in the massively multiplayer online role-playing game category; and real-time strategy and role-playing games..

ATVI shares have been on a slow and steady run for most of the year. Volume has remained relatively constant save for a few outliers. The 21-day moving average has remained supportive along the ride. Currently that sits down at $36.15 with a positive slope, confirming the bullish trend is still intact. A commodity channel index (CCI) above 100 indicates shares are a big overbought but that’s to be expected on a stock that’s hitting new 52-week highs.

AeroCentury (ACY - Snapshot Report)

AeroCentury is in the leasing company industry that ranks in the Top 1% of our Zacks Industry Rank. AeroCentury Corp., an aircraft operating lessor and finance company, acquires and invests in used regional aircraft and aircraft engines for lease to regional airlines and commercial users worldwide. As of March 3, 2015, the company’s portfolio consisted of 39 aircraft and 5 engines covering 10 different aircraft types.

Sometimes I like to find stocks that are off the beaten path. AeroCentury is one of those off the radar stocks. Shares have seen support near $8.50 over the last few months and spikes have seen bounces to $13. Looks that that level will provide plenty of resistance if shares rise again. With very low volume on this stock, I’d proceed with caution. But you never know, this could be a diamond in the rough.

Biotelemetry (BEAT - Snapshot Report)

Biotelemetry is a part of the medical services industry that currently ranks in the Top 5% of our Zacks Industry Rank. BioTelemetry, Inc. provides cardiac monitoring, cardiac monitoring device manufacturing, and centralized cardiac core laboratory services. It operates in three segments: Patient Services, Product, and Research Services. 

Biotelemetry shares have been very volatile. Personally, I’ve been chopped up in this stock as a victim of a harsh dip. But over the long run, you still have a stock that’s jumped from under $8 to nearly $13 today. Shares look to be stabilizing above a thick band of volume at $12. The 52-week high near $17 would be the next upside target. Support sits below the late September lows near $11.

A-Mark Precious (AMRK - Snapshot Report)

A-Mark is the top stock in the jewelry and precious metals industry that ranks in the Top 1% of our Zacks Industry Rank. A-Mark Precious Metals, Inc. operates as a precious metals trading company worldwide. The company offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grains, ingots, and coins, as well as distributes gold and silver coins and bars from sovereign and private mints. 

Recently there’s been a big jump in volume on shares of AMRK. After lumbering around between $10 and $11.50 for most of the year, shares have rocketed higher, nearly hitting $17 in November. The retracement off that level got down to $14 intraday. With shares now rolling over at $15, I’d wait for a dip to the November lows before I loaded the boat. A CCI approaching -100 may provide the perfect setup over the course of the next week or so.