5 Machinery Stocks to Buy Now

LNN, ARII, TTC, IR, MTW improve in weekly rankings

   
5 Machinery Stocks to Buy Now

Five Machinery stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Lindsay Corp. (NYSE:LNN) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Lindsay Corporation manufactures and markets center pivot and lateral move irrigation equipment, as well as large diameter steel tubing, for use to irrigate agricultural crops. In Portfolio Grader’s specific subcategory of Earnings Revisions, LNN also gets an A. The stock price has risen 7.3% over the past month, better than the 2% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of LNN stock.

This week, American Railcar Industries‘s (NASDAQ:ARII) ratings are up from a C last week to a B. American Railcar Industries designs, manufactures, and sells hopper and tank railcars in North America. Investors have pushed the stock price up 7.3% over the past month. For more information, get Portfolio Grader’s complete analysis of ARII stock.

This week, Toro Co. (NYSE:TTC) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Toro is a designer, manufacturer and marketer of professional turf maintenance equipment and services, turf and agricultural micro-irrigation systems, landscaping equipment and snow removal products. Wall Street has pushed the stock higher by 7% over the past month. For more information, get Portfolio Grader’s complete analysis of TTC stock.

This week, Ingersoll-Rand (NYSE:IR) pushes up from a B to a A rating. Ingersoll-Rand is a diversified, global company that provides a diverse range of products and services for a wide range of industries. For more information, get Portfolio Grader’s complete analysis of IR stock.

The rating of Manitowoc (NYSE:MTW) moves up this week, rising from a C to a B. Manitowoc is a diversified industrial manufacturer of cranes and related products and foodservice equipment. Wall Street seems to agree with the upgrade and has propelled the stock up 5.9% over the past month. For more information, get Portfolio Grader’s complete analysis of MTW 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.


Article printed from InvestorPlace Media, http://investorplace.com/2012/10/5-machinery-stocks-to-buy-now-lnn-arii-ttc/.

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