3 Durable Goods Stocks to Buy Now

by Portfolio Grader | December 21, 2012 6:00 pm

3 Durable Goods Stocks to Buy Now

Three Durable Goods stocks are moving up in their overall rating this week, according to the Portfolio Grader[1] database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

SodaStream (NASDAQ:SODA[2]) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. SodaStream International manufactures home beverage carbonation systems, which enable consumers to easily transform ordinary tap water instantly into carbonated soft drinks and sparkling water. In Portfolio Grader’s specific subcategories of Earnings Growth and Sales Growth, SODA also gets A’s. The stock price has risen 23.8% over the past month, better than the 4.2% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of SODA stock[3].

Hovnanian Enterprises (NYSE:HOV[4]) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Hovnanian Enterprises designs, constructs, and markets single-family homes, townhomes, and condominiums in planned residential communities. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 15.3% over the past month. For more information, get Portfolio Grader’s complete analysis of HOV stock[5].

The rating of M/I Homes (NYSE:MHO[6]) moves up this week, rising from a B to a A. M/I Homes builds single-family homes that are marketed and sold under the M/I Homes and Showcase Homes trade names. Investors have pushed the stock price up 18.4% over the past month. For more information, get Portfolio Grader’s complete analysis of MHO stock[7].

Louis Navellier’s proprietary Portfolio Grader[8] 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[9].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. SODA: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SODA
  3. For more information, get Portfolio Grader’s complete analysis of SODA stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SODA
  4. HOV: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HOV
  5. For more information, get Portfolio Grader’s complete analysis of HOV stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HOV
  6. MHO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MHO
  7. For more information, get Portfolio Grader’s complete analysis of MHO stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MHO
  8. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  9. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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