3 Machinery Stocks to Buy Now

LECO, IR, MWA improve in weekly rankings

   
3 Machinery Stocks to Buy Now

This week, three Machinery stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

This week, Lincoln Electric Holdings (NASDAQ:LECO) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Lincoln Electric Holdings designs and manufactures welding and cutting products. In Portfolio Grader’s specific subcategory of Equity, LECO also gets an A. The stock price has risen 10.7% over the past month, better than the 4.5% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of LECO stock.

This week, Ingersoll-Rand (NYSE:IR) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Ingersoll-Rand is a diversified, global company that provides a diverse range of products and services for a wide range of industries. Wall Street has pushed the stock higher by 5.2% over the past month. For more information, get Portfolio Grader’s complete analysis of IR stock.

This week, Mueller Water Products’ (NYSE:MWA) ratings are up from a B last week to a A. Mueller Water Products manufactures a broad range of water infrastructure and flow control products for use in water distribution networks, water and wastewater treatment facilities, gas distribution systems and fire protection piping systems. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 16.4% over the past month. For more information, get Portfolio Grader’s complete analysis of MWA 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/2012/12/3-machinery-stocks-to-buy-now-leco-ir-mwa/.

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