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5 Machinery Stocks to Buy Now

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

   

Five Machinery stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

This week, Wabtec (NYSE:WAB) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. 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. Shares of WAB have increased 10.4% over the past month, better than the 7.1% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of WAB stock.

This week, Watts Water Technologies (NYSE:WTS) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). 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.

Tecumseh Products (NASDAQ:TECUA) boosts its rating from a B 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. For more information, get Portfolio Grader’s complete analysis of TECUA stock.

Alamo Group (NYSE:ALG) shows solid improvement this week. The company’s rating rises from a C 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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/05/5-machinery-stocks-to-buy-now-wab-wts-erii-6/.

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