6 Machinery Stocks to Buy Now

by Portfolio Grader | May 3, 2013 2:45 pm

This week, six Machinery stocks are improving their overall rating on Portfolio Grader[1]. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

Xerium Technologies’ (NYSE:XRM[2]) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Xerium Technologies manufactures and supplies consumable products used in the production of paper clothing and roll covers. Shares of XRM have increased 70.1% over the past month, better than the 2.4% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of XRM stock[3].

This week, Wabtec (NYSE:WAB[4]) 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. For more information, get Portfolio Grader’s complete analysis of WAB stock[5].

This week, Watts Water Technologies’ (NYSE:WTS[6]) ratings are up from a C last week to a B. 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[7].

Energy Recovery’s (NASDAQ:ERII[8]) ratings are looking better this week, moving up to an A from last 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[9].

This week, Tecumseh Products (NASDAQ:TECUA[10]) pushes up from a B to an A rating. 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[11].

Alamo Group (NYSE:ALG[12]) 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[13].

Louis Navellier’s proprietary Portfolio Grader[14] 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[15].

Source URL: https://investorplace.com/2013/05/6-machinery-stocks-to-buy-now-xrm-wab-wts/

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