3 Aerospace and Defense Stocks to Buy Now

EGL, HON, CVU improve in weekly rankings

   
3 Aerospace and Defense Stocks to Buy Now

The grades of three Aerospace and Defense 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, Engility Holdings, Inc. (NYSE:EGL) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). In Portfolio Grader’s specific subcategories of Earnings Momentum and Equity, EGL also gets A’s. Shares of EGL have increased 7% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of EGL stock.

Honeywell (NYSE:HON) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Honeywell International is a worldwide diversified technology and manufacturing company providing aerospace products and services, control, sensing and security technologies, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions. The stock finished at $81.96 per share, after four days of consecutive gains. For more information, get Portfolio Grader’s complete analysis of HON stock.

This is a strong week for CPI Aerostructures (AMEX:CVU). The company’s rating climbs to B from the previous week’s C. CPI Aerostructures engages in the contract production of structural and other aircraft parts for prime defense contractors, the United States Air Force, and other branches of the armed forces. For more information, get Portfolio Grader’s complete analysis of CVU 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/2013/08/3-aerospace-and-defense-stocks-to-buy-now-egl-hon-cvu/.

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