by Portfolio Grader | May 24, 2013 5:30 pm
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. The stock price has risen 6.8% over the past month, better than the 4.1% 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.
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.
This is a strong week for Energy Recovery (NASDAQ:ERII). The company’s rating climbs to A from the previous week’s B. 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.
This week, Tecumseh Products’ (NASDAQ:TECUA) ratings are up from a B last week to an A. 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.
The rating of Alamo Group (NYSE:ALG) moves up this week, rising 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.
Source URL: http://investorplace.com/2013/05/5-machinery-stocks-to-buy-now-wab-wts-erii-7/
Short URL: http://invstplc.com/1fxfAuy
Copyright ©2015 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.