5 Machinery Stocks to Buy Now

by Portfolio Grader | March 29, 2013 3:00 pm

The grades of five Machinery stocks are on the rise this week on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Alamo Group (NYSE:ALG[2]) 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. The stock price has risen 10.3% over the past month, better than the 3.6% 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[3].

Tecumseh Products (NASDAQ:TECUA[4]) 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’s trailing PE Ratio is 7.40. For more information, get Portfolio Grader’s complete analysis of TECUA stock[5].

Wabtec (NYSE:WAB[6]) boosts its rating from a B to an A this week. 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[7].

Watts Water Technologies (NYSE:WTS[8]) earns a B this week, jumping up from last week’s grade of C. 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[9].

Energy Recovery (NASDAQ:ERII[10]) is seeing ratings go up from a B last week to an A 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[11].

Louis Navellier’s proprietary Portfolio Grader[12] 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[13].

Source URL: https://investorplace.com/2013/03/5-machinery-stocks-to-buy-now-alg-tecua-wab-5/

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