5 Machinery Stocks to Buy Now

ALG, TECUA, WAB, WTS, ERII improve in weekly rankings

   
5 Machinery Stocks to Buy Now

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

Alamo Group (NYSE:ALG) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Alamo Group is a designer, manufacturer, distributor, and service provider for high-quality equipment for right-of-way maintenance and agriculture. In Portfolio Grader’s specific subcategory of Cash Flow, ALG also gets an A. Shares of ALG have increased 16.2% over the past month, better than the 2.8% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of ALG stock.

Tecumseh Products (NASDAQ:TECUA) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Tecumseh Products is a full-line, independent, global manufacturer of hermetically sealed compressors for residential and commercial refrigerators, freezers, water coolers, dehumidifiers, window air conditioning units and residential and commercial central system air conditioners and heat pumps. For more information, get Portfolio Grader’s complete analysis of TECUA stock.

This is a strong week for Wabtec (NYSE:WAB). The company’s rating climbs to A from the previous week’s B. Westinghouse Air Brake Technologies is a provider of value-added, technology-based products and services for the global rail industry. For more information, get Portfolio Grader’s complete analysis of WAB stock.

The rating of Watts Water Technologies (NYSE:WTS) moves up this week, rising from a C to a B. Watts Water Technologies designs, manufactures and sells a line of water safety and flow control products for the water quality, water conservation, water safety and water flow control markets. For more information, get Portfolio Grader’s complete analysis of WTS stock.

Energy Recovery (NASDAQ:ERII) improves from a B to an A rating this week. Energy Recovery develops and manufactures energy recovery devices utilized in the water desalination industry. For more information, get Portfolio Grader’s complete analysis of ERII 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/2013/03/5-machinery-stocks-to-buy-now-alg-tecua-wab-3/.

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