5 Machinery Stocks to Buy Now

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

   
5 Machinery Stocks to Buy Now

The grades of five Machinery stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

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 making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating 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) improves from a B to an A rating this week. Energy Recovery develops and manufactures energy recovery devices utilized in the water desalination industry. The stock price has risen 16% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of ERII stock.

Tecumseh Products (NASDAQ:TECUA) shows solid improvement this week. The company’s rating rises from a B 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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/06/5-machinery-stocks-to-buy-now-wab-wts-erii-11/.

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