3 Machinery Stocks to Buy Now

by Portfolio Grader | January 25, 2013 1:00 pm

This week, three Machinery stocks are improving their overall ratings on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Robbins & Myers (NYSE:RBN[2]) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Robbins & Myers supplies engineered equipment and systems for critical applications in global energy, industrial, chemical and pharmaceutical markets. For more information, get Portfolio Grader’s complete analysis of RBN stock[3].

Snap-On Inc. (NYSE:SNA[4]) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Snap-on conceives, manufactures, and markets of tools, diagnostics, equipment, software, and service solutions for professional clients. For more information, get Portfolio Grader’s complete analysis of SNA stock[5].

This week, IDEX Corp. (NYSE:IEX[6]) pushes up from a C to a B rating. Idex designs, manufactures, and markets a variety of pump products, dispensing equipment, and other engineered products. The stock price has risen 6.5% over the past month, better than the 4.8% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of IEX 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].

Source URL: https://investorplace.com/2013/01/3-machinery-stocks-to-buy-now-rbn-sna-iex/

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