5 Machinery Stocks to Buy Now

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

   
5 Machinery Stocks to Buy Now

This week, five Machinery stocks are improving their overall rating on Portfolio Grader. Each of these rates 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. For more information, get Portfolio Grader’s complete analysis of WAB stock.

Watts Water Technologies (NYSE:WTS) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. 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) is seeing ratings go up from a B last week 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) 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. Shares of TECUA have increased 9.2% 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) earns a B this week, jumping up from last week’s grade of C. 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/2013/07/5-machinery-stocks-to-buy-now-wab-wts-erii-13/.

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