This week, four Machinery stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
Hardinge (NASDAQ:HDNG) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. Hardringe globally designs, manufactures and distributes computer controlled metal cutting lathes, grinding and related tooling and accessories. Shares of HDNG have increased 19.1% over the past month, better than the 0.7% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of HDNG stock.
Toro Co. (NYSE:TTC) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. 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. For more information, get Portfolio Grader’s complete analysis of TTC stock.
Altra (NASDAQ:AIMC) is seeing ratings go up from a C last week to a B this week. Altra designs, produces, and markets a range of mechanical power transmission and motion control products worldwide. Wall Street seems to agree with the upgrade and has propelled the stock up 7.3% over the past month. For more information, get Portfolio Grader’s complete analysis of AIMC stock.
This is a strong week for Valmont Industries (NYSE:VMI). The company’s rating climbs to A from the previous week’s B. Valmont Industries manufactures fabricated metal products and mechanized irrigation systems. Wall Street has pushed the stock higher by 5.7% over the past month. For more information, get Portfolio Grader’s complete analysis of VMI 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.
