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6 Machinery Stocks to Buy Now

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

   

Six 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”).

Wabtec (NYSE:WAB) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. 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) boosts its rating from a B to an A 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.

This week, Tecumseh Products (NASDAQ:TECUA) 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. The stock price has risen 14.9% 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 TECUA stock.

Alamo Group (NYSE:ALG) is seeing ratings go up from a C last week to a B this week. 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.

This is a strong week for Xerium Technologies (NYSE:XRM). The company’s rating climbs to A from the previous week’s B. Xerium Technologies manufactures and supplies consumable products used in the production of paper clothing and roll covers. For more information, get Portfolio Grader’s complete analysis of XRM 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/2013/06/6-machinery-stocks-to-buy-now-wab-wts-erii/.

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