This week, five Machinery stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).
This week, Wabtec (NYSE:WAB) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Westinghouse Air Brake Technologies is a provider of value-added, technology-based products and services for the global rail industry. In Portfolio Grader’s specific subcategory of Equity, WAB also gets an A. For more information, get Portfolio Grader’s complete analysis of WAB stock.
Watts Water Technologies (NYSE:WTS) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. 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) gets a higher grade this week, advancing from a B last week 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.
Tecumseh Products (NASDAQ:TECUA) is seeing ratings go up from a B last week to an A 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 7.40. For more information, get Portfolio Grader’s complete analysis of TECUA stock.
This week, Alamo Group’s (NYSE:ALG) ratings are up from a C last week to a B. Alamo Group is a designer, manufacturer, distributor, and service provider for high-quality equipment for right-of-way maintenance and agriculture. For more information, get Portfolio Grader’s complete analysis of ALG 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.