6 Machinery Stocks to Buy Now

by Portfolio Grader | February 1, 2013 9:00 am

Six Machinery 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”).

This week, Briggs & Stratton (NYSE:BGG[2]) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Briggs & Stratton produces air-cooled gasoline engines for outdoor power equipment, in addition to designing, manufacturing, marketing and servicing these products for original equipment manufacturers worldwide. In Portfolio Grader’s specific subcategories of Earnings Revisions and Earnings Surprise, BGG also gets A’s. Shares of BGG have increased 9.1% over the past month, better than the 2.4% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of BGG stock[3].

Oshkosh (NYSE:OSK[4]) shows solid improvement this week. The company’s rating rises from a C to a B. Oshkosh designs, manufactures and markets fire and emergency apparatuses and specialty commercial and military trucks. Investors have pushed the stock price up 23.7% over the past month. For more information, get Portfolio Grader’s complete analysis of OSK stock[5].

This week, American Railcar Industries (NASDAQ:ARII[6]) pushes up from a C to a B rating. American Railcar Industries designs, manufactures, and sells hopper and tank railcars in North America. Wall Street seems to agree with the upgrade and has propelled the stock up 17.8% over the past month. For more information, get Portfolio Grader’s complete analysis of ARII stock[7].

EnPro Industries (NYSE:NPO[8]) improves from a C to a B rating this week. Enpro designs, develops, manufactures, and markets proprietary engineered industrial products. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 7.4% over the past month. For more information, get Portfolio Grader’s complete analysis of NPO stock[9].

Lincoln Electric Holdings (NASDAQ:LECO[10]) boosts its rating from a C to a B this week. Lincoln Electric Holdings designs and manufactures welding and cutting products. Wall Street seems to agree with the upgrade and has propelled the stock up 6.3% over the past month. For more information, get Portfolio Grader’s complete analysis of LECO stock[11].

Tennant (NYSE:TNC[12]) earns a B this week, jumping up from last week’s grade of C. Tennant designs, manufactures and sells of products used mainly in the maintenance of non-residential surfaces. For more information, get Portfolio Grader’s complete analysis of TNC stock[13].

Louis Navellier’s proprietary Portfolio Grader[14] 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[15].

Source URL: https://investorplace.com/2013/02/6-machinery-stocks-to-buy-now-bgg-osk-arii/

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