by Portfolio Grader | March 22, 2013 3:00 pm
The grades of five Machinery stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
Alamo Group (NYSE:ALG) is bettering its rating of C (“hold”) from last week to a B (“buy”) 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. The stock price has risen 10.2% over the past month, better than the 2.9% 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. The stock currently has a trailing PE Ratio of 6.70. For more information, get Portfolio Grader’s complete analysis of TECUA stock.
Wabtec (NYSE:WAB) gets a higher grade this week, advancing from a B last week to an A. 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.
This week, Watts Water Technologies (NYSE:WTS) pushes up from a C to a B rating. 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. Investors have pushed the stock price up 5.1% over the past month. For more information, get Portfolio Grader’s complete analysis of WTS stock.
Energy Recovery (NASDAQ:ERII) shows solid improvement this week. The company’s rating rises from a B to an A. 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.
Source URL: http://investorplace.com/2013/03/5-machinery-stocks-to-buy-now-alg-tecua-wab-4/
Short URL: http://invstplc.com/1nuahA9
Copyright ©2016 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.