The grades of four Distributors stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
GATX Corp. (NYSE:GMT) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. GATX is a specialized finance and leasing company focusing on the rail, marine and other targeted assets. In Portfolio Grader’s specific subcategories of Earnings Revisions and Earnings Surprise, GMT also gets A’s. Shares of GMT have increased 4.3% over the past month, better than the 3.2% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of GMT stock.
The rating of Wesco International (NYSE:WCC) moves up this week, rising from a C to a B. Wesco International is a North American distributor of products and provider of supply chain services used mainly in the industrial, construction, utility and commercial, institutional and government markets. For more information, get Portfolio Grader’s complete analysis of WCC stock.
This week, Beacon Roofing Supply (NASDAQ:BECN) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Beacon Roofing Supply distributes residential and non-residential roofing materials in the United States and Canada. Wall Street seems to agree with the upgrade and has propelled the stock up 4.3% over the past month. For more information, get Portfolio Grader’s complete analysis of BECN stock.
BlueLinx Holdings (NYSE:BXC) improves from a C to a B rating this week. BlueLinx Holdings engages in the distribution of building products in North America. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 4.1% over the past month. For more information, get Portfolio Grader’s complete analysis of BXC stock.
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.