The grades of six 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.
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. The stock price has risen 9.3% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of WAB stock.
Watts Water Technologies’ (NYSE:WTS) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). 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. The stock finished at $53.08 per share, after three days of consecutive gains. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. 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. At $4.50, the stock is above the 50-day moving average of $4.10. 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. The stock price has pushed upwards for the past six days, reaching $11.17. 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. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 8.4% over the past month. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. 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. The stock price has been on the rise for the past three days, reaching $13.74. 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.
